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Technology Stocks : Ericsson overlook?

ERIC 9.720

-1.3%

Nov 14 9:30 AM EST

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To: Jim Oravetz who wrote (4284)	9/12/2000 7:53:30 AM
From: Jim Oravetz	Read Replies (1) of 5390

Ericsson's Microsoft Venture Doesn't Address Its Real Problems By Tally Goldstein Staff Reporter 9/11/00 6:00 PM ET Question: What do you get when you mix desperate and aggressive? Answer: the Ericsson (ERICY:Nasdaq ADR - news) Microsoft (MSFT:Nasdaq - news) Mobile Venture. Ericsson is desperate to change its image as a lagging handset manufacturer, and Microsoft is aggressively trying to gain a foothold in the mobile-phone market. As a result, the companies launched their Ericsson Microsoft Mobile Venture Monday, promising to "develop solutions" that will enable wireless carriers to offer email, calendars, to-do lists and secure access to corporate intranet sites by year-end. thestreet.com Jim

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