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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Sully- who wrote (58735)	7/18/2003 9:11:37 AM
From: Dealer	Read Replies (1) of 65232

ERICY---8:02AM LM Ericsson trades 18% following earnings (ERICY) 10.79: -- Update -- Analysts generally positive on Ericsson's quarter after the Swedish telecom equipment maker reported sales that were in line with expectations and EBIT that was significantly ahead of views. For the qtr, co posted an EBIT loss of SEK 0.2 bln vs expectations of a loss of SEK 1.7 bln. On an ADR basis, ERICY lost $0.21 a share vs the Reuters Research consensus est of -$0.26.

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