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Technology Stocks : Ericsson overlook?
ERIC 9.425-0.7%Jan 16 3:59 PM EST
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To: DMaA who wrote (1108)12/11/1997 4:58:00 PM
From: DWB  Read Replies (1) of 5390
 
That's wierd, according to Ericsson's latest quarterly, only 20% of their sales were out of Asia... The other thing to note is that they've painted association with Asia with a fairly broad brush. China and Hong Kong have so far not been dragged into the mire that Korea, Thailand, Malaysia and Indonesia are in. I'd question the numbers, especially in the light of the fact that of the top 6 countries in which ERICY does business, only China is in there, and Sweden is number 6. Any exposure in the other countries has to be minimal.

DWB
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