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Technology Stocks : Ericsson overlook?
ERIC 9.395+1.1%Nov 21 9:30 AM EST
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To: Paul Shread who wrote (1916)8/13/1998 7:38:00 AM
From: Nilesh Parikh  Read Replies (2) of 5390
 
Ericsson had strong earnings despite slow down in Asia, but they
did not show any promise on the terminal side, however, Ericsson
continues to be global market leader in wireless, where most of the
growth will be.

I expect Ericsson's earnings will be stronger each quarter. Once
Asia's economy recovers, this company is in best position to benefit
from it, Ericsson's earnings will be even stronger.

Ericsson needs to decide who they're going to acquire for the
(voice over) data network products. Ericsson's competition is ready to go in this huge market.

-Nilesh.

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