Nokia (NOK) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nokia (NOK)

NOK 6.480

-0.2%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ruffian who wrote (5925)	6/29/2000 10:04:00 AM
From: Dan Spillane	Read Replies (1) of 34857

Growth slowdown rumor is fake Ericsson reaffirms its forecasts for industry growth THURSDAY, JUNE 29, 2000 9:21:00 AM EST STOCKHOLM, Sweden, Jun 29, 2000 (AP WorldStream via COMTEX) -- Ericsson, the world's No. 3 mobile phone maker, reassured investors Thursday that its industry growth forecasts would stand and it had no plans to correct forward-looking statements from last quarter. The company issued a brief statement reaffirming its forecasts for fast growth in the wireless industry after its shares fell on comments by chief executive Kurt Hellstroem that the high cost of third-generation mobile licenses may stunt the industry's growth in Europe. "In principle I had the opinion that the auction of mobile licenses was quite sound, but the costs proved too high," Hellstroem said in an interview with the business daily Dagens Industri. www2.marketwatch.com{59187725-D5FF-4FAF-AD84-5CCDB3FE96AB}

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next