Ericsson overlook? Message Board

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Technology Stocks : Ericsson overlook?

ERIC 9.415

+1.3%

3:54 PM EST

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To: Leif V Singman who wrote (1870)	7/28/1998 6:26:00 PM
From: Peter J Hudson	Read Replies (1) of 5390

Leif, The fact remains that Ericsson is the only major wireless manufacturer that has not purchased a CDMA-one license. CDMA is growing rapidly and Ericusson is losing handset market share. It is understandable that Ericsson didn't want a competing standard, but the Ericsson bad mouthing of Qualcomm & CDMA was so severe that Qualcomm filed suit to make them stop. I've owned both Ericsson and Qualcomm. The reason Qualcomm investors resent Ericcson is that we invested in a small startup company rolling out a new technology, a very risky investment, but huge upside potential and Ericsson was doing all they could to make sure they didn't succeed. When a company is trying to ruin your investment it is an emotional thing. All Ericsson stood to lose was some market share, Qualcomm was fighting for survival. Qualcomm did survive and I believe they will prevail in the 3G battle also. Hope Ericsson shares make a strong comeback.

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