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Technology Stocks : Ericsson overlook?
ERIC 9.345-0.2%Jan 9 9:30 AM EST
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To: Tri Vo who started this subject10/20/2000 3:51:17 AM
From: Puck  Read Replies (1) of 5390
 
Interesting little tidbit relating to Ericsson's component shortages form the quarterly statement:

Consumer Products increased sales by 43 percent to SEK 42.5b. in the first nine months. The segment reports a loss of SEK 5.9 (0.7)b. year-to-date, largely driven by component shortages caused by a major supplier. Ericsson has insurance potentially covering this type of damage. Insurance companies have been notified that Ericsson is preparing a claim.
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