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To: marginmike who wrote (32000)	6/8/1999 9:09:00 PM
From: Ruffian	Read Replies (1) \| Respond to of 152472

Ericy> Ericsson: New phone solidly connects And more from the PaineWebber Growth & Tech forum By Stephanie O'Brien , Emily Church and Steve Gelsi, CBS MarketWatch Last Update: 8:21 PM ET Jun 8, 1999 Net Stocks Ericsson (ERICY: news, msgs) said Tuesday the wireless phone maker's new T18 phone has seen a better-than-expected debut in Europe. The product rolls out next month in the U.S. Also coming are a T28 GSM pocket phone and a ruggedized cellular phone that resists impact when dropped. vice Gary Pinkham, president of business development, said work is progressing on Ericsson's acquisition of Qualcomm's (QCOM: news, msgs) code division multiple access technology unit. The company has retained the 1,250 employees selected from the move. It plans to agressively seek out more CDMA contracts. After the bell, Ericsson said it's investing $13 million in Iceland based Internet software developer, OZ.com, which offers services to phones with Web access.

To: marginmike who wrote (32000)	6/8/1999 10:38:00 PM
From: John Westman	Read Replies (1) \| Respond to of 152472

Notice that Gilder mentions UPCOY as one of the beneficiaries of TERN. UPCOY is the subsidiary of UIHIA the holding company with cable operations, broadband throughout europe, australia & s. america. I don't think most people realize that UIHIA is the @home for the rest of the world and when they do it's a $200 stock. I'm putting my bet there rather than on TERN, the supplier, until another Christiansen disruptive technology comes along. But, I would suggest that if UPCOY is a buyer of TERN's product then so will the rest of UIHIA which should bode well for your investment. Just a thought. j