Ericsson overlook? Message Board

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Technology Stocks : Ericsson overlook?

ERIC 9.915

-0.9%

2:37 PM EST

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To: S100 who wrote (4556)	3/2/2001 9:58:08 AM
From: elmatador	Read Replies (1) of 5390

ERICSSON: ATTRACTIVE LONG TERM BUY - WSJ (News agency Direkt) -- Ericsson`s last few months have been tough with trouble related to the mobile phone operations and the company stock, down by more than 21% since the beginning of the year, plaguing the company, Wall Street Journal wrote Friday. Ericsson`s outlook for the long term still looks positive, however, as does the decision to outsource the production of mobile phones and the company`s strong position regarding 3G networks. The Ericsson stock may not be for the feeble-hearted, but is clearly an attractive long term buy. Expect a annual profit growth of up to 25% in the next five years, wrote the paper.

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