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Technology Stocks : Nokia (NOK)

NOK 6.105

+0.2%

1:57 PM EST

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To: Puck who wrote (4928)	5/18/2000 11:30:00 AM
From: Lazlo Pierce	Read Replies (1) of 34857

From briefing.com today <<LM Ericsson (ERICY) 21 3/16: Chase H&Q issues a note after yesterday's analyst meeting saying: Ericsson continued to dilute expectations for handsets; new model releases, revenue and earnings will likely fall short of expectations this year. We believe negative cash flow, ever increasing investment requirements and continued shortfalls in performance will lead the company to divest some or all of its handset business within the next two years.ÿ Maintain BUY rating.ÿ >>

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