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

To: Mika Kukkanen who wrote (3450)	7/7/1999 12:09:00 PM
From: Paul Shread	Respond to of 5390

Never has a company done so little with so much...

To: Mika Kukkanen who wrote (3450)	7/7/1999 12:12:00 PM
From: Rod Dolman	Respond to of 5390

Does anyone have access to Level II quotes and if so what does it look like Ericsson is going to do. Thanks Rod Dolman

To: Mika Kukkanen who wrote (3450)	7/7/1999 12:17:00 PM
From: gial	Respond to of 5390

Thank you very much for the info, Mika. I will hang on to my shares.

To: Mika Kukkanen who wrote (3450)	7/7/1999 12:17:00 PM
From: Leif V Singman	Read Replies (1) \| Respond to of 5390

"My only comment is that it is likely to be a VERY bad Q2" (Mika Kukkanen) You are probably right. Why else would Ericsson have picked this particular time to change leadership. Further, I wonder if Mr. Nilson was not made the fall-guy for the recent downturn in the company's fortunes. The first of Ericsson's earnings disappointments just happened too soon after he had taken over. Also, I remember reading an article in a Swedish newspaper at the time of his appointment saying that he deliberated for a full week after being offered the position as CEO by Dr. Ramqvist. The hand writing may already have been on the wall at that time. Leif

To: Mika Kukkanen who wrote (3450)	7/7/1999 12:38:00 PM
From: DMaA	Read Replies (1) \| Respond to of 5390

Don't know where Briefing.com got this spin, it's better than the official announcement: Ericsson LM (ERICY) 29 7/8 -3 11/16: President & CEO, Nilsson, unexpectedly resigned due to what traders are suggesting were bitter differences with the board... Spokesman for the company noted that the board believed that restructuring efforts were moving too slowly... Also noted that Nilsson's resignation was not linked to half-year performance due out 7/23... Chairman Lars Ramqvist assuming CEO position.