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To: GARY P GROBBEL who wrote (171)	7/13/1999 10:50:00 PM
From: ksuave	Read Replies (1) \| Respond to of 319

Was the response we saw today -- 6500 shares -- the response to those great financials we've been holding our breath for these last 3 months. Might there be some follow-up, or will that be another 3 months down the road? Anyone? Crhis? rb

To: GARY P GROBBEL who wrote (171)	7/14/1999 4:01:00 AM
From: flickerful	Read Replies (1) \| Respond to of 319

Siemens Sees Rise In Mobile Phone Sales - Paper Wednesday July 14 2:51 AM ET MUNICH, Germany (Reuters) - Siemens AG expects to increase global sales of mobile telephones to 11 million units this year from 3.5 million in 1998, Siemens management board member Rudi Lamprecht said in a newspaper interview published Wednesday. Lamprecht forecast that Siemens mobile phone sales would rise to 20 million in 2000, making the company the market leader in Germany with a market share of 30 percent, and ranking it fourth in Europe and seventh worldwide. ''We will introduce a new telephone every three to four months,'' Lamprecht told Handelsblatt newspaper. Lamprecht denied rumors that Siemens was pushing its new telephones into the market at dumping prices and said the group was earning good profits from the sales. The price cuts had been made possible by reductions in production costs, but the decisive factor was marketing, Lamprecht said. ''For the first time we have employed people from the fashion industry who worked on the collections. Emotions are enormously important in the design of mobile phones.'' Lamprecht also said that details of Siemens' planned computer joint venture with Fujitsu Ltd. would be presented in August. He said the two companies complemented each other well and did not expect production capacity to be shut down as a result of the link-up. ''Instead our aim is to rise to number three worldwide. If the market grows, we must grow faster. That is only possible if one doesn't curtail one's production.'' He said it had not been decided yet who would run the joint venture. ''As it is a 50-50 joint venture it is not essential to push through one's own man, instead we agreed clearly that the best people should lead the new company.'' Lamprecht also indicated that Siemens wanted to strengthen its position in North America.