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


To: Mika Kukkanen who wrote (3719)9/29/1999 10:22:00 AM
From: DMaA  Read Replies (1) | Respond to of 5390
 
Guiding estimates down:

Briefing.com

LM Ericsson Telephone Co. (ERICY) 31 1/4 -3/4: Lehman Bros cuts estimates on wired and mobile communications company after discussions with management; FY99 goes from $0.69 to $0.64; uncertainty in the Network Operator Division in China coupled with possible component shortages cited for the revision.....





To: Mika Kukkanen who wrote (3719)9/30/1999 6:29:00 AM
From: Mika Kukkanen  Read Replies (3) | Respond to of 5390
 
Swedish Ericsson Unable To Meet Demand For New T28 Mobile Phone

Ericsson AB, the world's No. 3 maker of mobile phones, can't
deliver enough units of its new T28 mobile phone to satisfy
customers' demand for it, reported newspaper FinansTidningen,
citing Sten Schroeder, chief executive officer of Onoff, a
Swedish retailer of consumer electronics. "We could sell any
number of units if we only had some to deliver," said Schroeder,
adding that "It's actually pretty frustrating." Ericsson has
started making the T28 model in more factories, though Pia
Gideon, head of information at Ericsson, admits "it's obviously
not enough to meet demand." (www.fti.se)