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Technology Stocks : Phone.com [PHCM]

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To: jraz1 who wrote (727)	12/8/1999 2:51:00 PM
From: DownSouth	Read Replies (2) of 1080

Wednesday December 8, 7:53 am Eastern Time (Note: this article is ''in progress''; there will likely be an update soon.) Found this on the QCOM thread, where folks blame this news for PHCM's weakness today: Ericsson, Microsoft join forces on mobile Internet STOCKHOLM, Dec 8 (Reuters) - Swedish telecoms group Ericsson on Wednesday announced a strategic partnership with U.S. software giant Microsoft (NasdaqNM:MSFT - news) to help people stay in touch via the Internet and mobile phones while on the move. Following a trade suspension in Ericsson shares, the Swedish company announced it was setting up a joint venture with Microsoft to market ''end-to-end solutions for the wireless Internet'' in the rapidly evolving high-tech and telecoms industries.

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