Ericsson overlook? Message Board

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Technology Stocks : Ericsson overlook?

ERIC 9.605

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Nov 28 12:59 PM EST

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To: DWB who wrote (1416)	3/30/1998 5:50:00 PM
From: Diogeron	Read Replies (1) of 5390

Monday March 30, 1:16 pm Eastern Time Ericsson says E.Europe growth to offset weak Asia STOCKHOLM, March 30 (Reuters) - Outgoing chief executive of Swedish telecoms group Ericsson AB (LMEb.ST) , Lars Ramqvist, said on Monday that growth in eastern Europe would offset weakness in Asian markets. Speaking at the company's annual general meeting, Ramqvist said markets in eastern Europe were developing very well. ''It will certainly offset the weakness in Asia,'' Ramqvist said. However he said Ericsson's markets in Asia had been relatively good. "Even today it is going quite well for us in Asia," he said.

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