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

To: Mika Kukkanen who wrote (3865)1/28/2000 7:33:00 AM
From: Jim Oravetz  Read Replies (1) | Respond to of 5390
 
Thanks for the post. After a quick review, it looks like ERICY has restructured and moved quite a few people around in its organization since the overall headcount on went down by 370+.
I was surprised to see China #'s going down, although they indicated that biz has picked up in the 4Q.

Also noted:"The Board of Directors will propose to the Annual General Meeting on March 31 an unchanged dividend of SEK 2.00 per share.

The Board proposes a bonus issue by way of an increase of the par value of the share from SEK 2.50 to SEK 4.00, followed by a split 1:4. Trading with the new par value of SEK 1.00 is expected to commence in the beginning of May 2000."

Jim



To: Mika Kukkanen who wrote (3865)1/28/2000 8:40:00 AM
From: JDN  Read Replies (1) | Respond to of 5390
 
Dear Mika and all: Looks pretty good to me. My thoughts are that if they can keep up their growth in mobile systems and due to the new generation of cellular phones expand their growth in Cellular they should easily beat their forecasted 20% top line growth. JDN


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