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Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: scots40 who wrote (13343)	6/27/2000 11:09:00 AM
From: Cooters	Read Replies (1) of 13582

RESEARCH ALERT - CSFB maintains Ericsson strong buy --From AOL. Comments from Snyder Jr.-- Cooters NEW YORK, June 27 (Reuters) - Credit Suisse First Boston said on Tuesday it reiterated its strong buy rating on Swedish telecommunications equipment maker Telefon AB L.M. Ericsson <LMEb.ST> <ERICY.O>, citing growth in its North American business and strong overall demand for wireless communications. -- Ericsson American Depository Receipts rose 1/16 to 19-13/16. -- Analyst Marc Cabi said Ericsson hosted an upbeat presentation at the broker's "Texas Communications Tour" that highlighted demand fundamentals for the wireless industry and potential for internet applications remain strong. -- North American infrastructure growth should be more than 100 percent in the second quarter and handset revenue is rising by nearly 60 percent. -- Overall demand is strong, despite pockets of weakness such as France and Korea. -- "Ericsson should be a core holding in the wireless space," Cabi said in a research note. 10:28 06-27-00

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