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Technology Stocks : INSS - International Network Services
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To: Digitom who wrote (397)12/10/1998 9:32:00 AM
From: Platter  Read Replies (2) of 446
 
Look for other telecom stocks to warn in the next 2-3 week as the earnings warning season begin....From Briefing.com.."ET Ericsson (ERICY) 28 7/8: Swedish mobile telecommunications equipment supplier warns that Q4 EPS and sales could fall somewhat below market expectations, due to impact of the global financial crisis; company also planning substantial reductions in work force. ERICY currently indicated 5 1/2 pts lower after falling more than 20% in Europe. Warning has pulled Nokia (NOK/A) shares 3% lower in Europe."
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