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Technology Stocks : Ericsson overlook?
ERIC 9.545-0.9%3:18 PM EST
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To: Taro who wrote (3805)11/19/1999 8:14:00 PM
From: DMaA  Read Replies (2) of 5390
 
Other Swedes take a more jaundiced view:

Swedish brokerage Fischer Partners Fondkommisson AB cut its rating on ERICSSON TELEPHONE to "sell" from "outperform" with a 12-month target price of 345 crowns ($41.22). "The share has become too expensive in comparison to our fundamental valuation," Fischer & Partners analyst Bo Edvardsson told Reuters. (Reuters 11:58 AM ET 11/19/99)

Fondkommission? Sounds like a pretty appropriate name to a native English speaker's ears.<ggg>
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