Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.58

-1.2%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Fleming who wrote (24687)	3/22/1999 8:43:00 PM
From: Caxton Rhodes	Read Replies (1) of 152472

Ericsson not ruling out deal with Cisco 07:14 AM ET 03/22/99 STOCKHOLM, March 22 (Reuters) - Telecoms group AB LM Ericsson would prefer to continue as an independent company, but was not ruling out other scenarios such as a merger with U.S. Cisco Systems Inc , a Swedish business magazine said. "I don't want to speculate, but one can't rule out any combinations. The only certain thing is that we can't afford to buy (Cisco), but they can buy us," Ericsson chairman Lars Ramqvist was quoted as saying in an interview with Veckans Affarer. "We would rather continue on our own, through adding data products to strengthen our position within mobile telecom....We can't rule out anything. There can be offers in the future that we will have to decide on." He declined to comment on whether the second half of the year would be better than the first half. "I can't say anything about that today. The only thing I know is that we will see some loss in the first half due to restructuring and launching new phones and other products," he told the magazine. ((Abigail Schmelz, Stockholm newsroom, +46-8-700 1003, fax +46-8-211601, stockholm.newsroom@reuters.com))

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next