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Technology Stocks : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?


To: P2V who wrote (3404)6/22/1999 3:25:00 PM
From: P2V  Read Replies (2) | Respond to of 5390
 
Caxton is Back, and Ericy is Down ! Mere Coincidence ???

Actually, some quotes from Susan Taylor, Reuters Ottawa Newsroom
(from Fidelity News)

THE NN RUMOR --
Paul Silverstein, Analyst at BancBoston Robertson Stephens.
"I heard a rumor that Ericsson is taking a hard look at them "
"I think there's reason to believe that it's true".

THE COMS RUMOR --
But another Bay Street observer, who asked not to be identified,
said that a senior Ericsson executive recently told him that
his firm was in discussion with Newbridge only about developing
wireless technology. The analyst said the executive added that
Ericsson would soon release news about its relationship with 3Com.

Well maybe Caxton really isn't responsible for todays drop, after all.

Mardy.