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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?

To: Diamond Jim who wrote (2034)	8/24/1999 1:33:00 PM
From: John F.	Read Replies (1) \| Respond to of 34857

From the WSJ on 8/20: Ericsson Challenges Rival Nokia .................. Ericsson Challenges Rival Nokia With New Hand-Held Computer By a WALL STREET JOURNAL Staff Reporter STOCKHOLM -- Telefon AB LM Ericsson kicked off sales of its new line of mobile phones as well as a new hand-held computer, marking the start of the latest all-out battle among mobile-phone makers. The long-awaited launch of the lightweight T-28 mobile phone and the MC218 hand-held computer follows a tough year for Ericsson. The company's mobile-phone sales fell far behind those of rival Nokia Corp. of Finland because the Swedish company failed to launch new products on time. The T28 and the new family of Ericsson phones were delayed at least nine months. Originally, they were slated to hit the market late last year. Meanwhile, the launch of the hand-held computer marks the opening shot in the battle for the market in wireless Internet products. The device incorporate a technical standard called Wireless Application Protocol, which will give consumers access to the Internet from wireless products such as mobile phones and hand-held computers. Analysts expect wireless Internet products to boost electronic commerce and mobile-phone use in coming years. Nokia plans to release a mobile phone with wireless Internet capabilities early this fall. Weighing 83 grams, Ericsson's T28 is its smallest mobile phone so far and competes directly with small Nokia mobile phones already on the market. [end of story]