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


To: chirodoc who wrote (4035)4/15/2000 6:25:00 AM
From: JDN  Read Replies (1) | Respond to of 5390
 
Dear chirodoc: I have forgotten, but that information is in their annual report. Broken down by country and I think by private vs institutional. My recollection is 55% in USA but not sure. JDN



To: chirodoc who wrote (4035)4/15/2000 1:57:00 PM
From: Lafayette  Read Replies (1) | Respond to of 5390
 
Good morning, chirodoc. As it so happens, I just received
my 1999 annual report a few days ago. On page 4 it says:

"In all, about 90 percent of Ericsson's shares are owned by Swedish and international institutions."

By voting rights the two largest are AB Industrivardenn, 28%, 46,520,000 shares, and Investor AB, 22.3%, 68,376,700 shares. Evidently, different categories of shares carry different voting rights.

Your annual report should be in the mail, if you haven't received it yet. Good luck.



To: chirodoc who wrote (4035)4/16/2000 7:56:00 PM
From: Joar  Read Replies (1) | Respond to of 5390
 
<<...what % of ERICY stock is owned by american vs. european vs. asian, etc. investors.>>

From the 1999 annual report:
About 90% of Ericsson"s shares are owned by Swedish and international institutions. At the end of 1999 the portion of share owners outside Sweden was about 55% (33% in USA, 6% in Great Britain, 4% in Germany, and 12% i other countries). The percentage of votes for the owners outside Sweden is only 2% though.

<<btw i have heard (not read) that nok is PRIMARILY a cell phone manufacturer and SECONDARILY infrastructure. with ericy i hear it is the opposite.>>

I guess what you heard is rather correct, although Ericsson"s phone manufacturing part is probably relatively a little more important to Ericsson, than Nokia"s non-mobile phone manufacturing is for Nokia. But someone else may know more about this.

Best, Joar