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Technology Stocks : Ericsson overlook?

ERIC 9.395

+1.1%

Nov 21 9:30 AM EST

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To: tero kuittinen who wrote (3263)	5/26/1999 8:08:00 PM
From: Caxton Rhodes	Read Replies (2) of 5390

GSM is Toast: Private Chinese carrier plans huge CDMA network eet.com This is a report on Q but has good market share projection graphs. smithbarneyresearch.com It says: 1997 GSM 33% of market, Cdma 4% 1998 GSM 41% of market, Cdma 6% 2003 GSM 51% of market, Cdma 21% (Ok this may not fall under the exact definition of toast) I'll bet you that cdma is closer to 45% than 21% in 2003. Why? Because cheaper and better will win in China and all other low teledensity areas! The snowball will only get bigger. Caxton

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