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To: Beltropolis Boy who wrote (1176)	6/30/2000 12:09:30 PM
From: Mark Ambrose	Read Replies (1) \| Respond to of 1331

CMVT probably moved in synch with wireless phone makers. www2.marketwatch.com. Friday, June 30, 2000 Ericsson, Nokia bouncing --9:56 am - By Tomi Kilgore Ericsson (ERICY: news, msgs) is rallying 1 1/16 to 19 3/4 and Nokia (NOK: news, msgs) is tacking 1 9/16 onto its NYSE close to 50 1/8. Goldman Sachs resumed coverage of the telecom equipment making giants with "recommended list" ratings. Also, Lehman Bros. said recent concerns regarding growth in the mobile phone industry are misplaced and the market overreacted to Ericsson’s president’s comment. On Thursday, Ericsson’s Kurt Hellstrom told the Dagens Industri newspaper that the higher-than-anticipated costs of third-generation mobile phone licenses could slow growth in the mobile phone sector. That sent Ericsson’s stock down 6.9 percent and Nokia’s 3.6 percent lower in the regular session. Among others in the space, Vodafone AirTouch (VOD: news, msgs) is down 1 1/8 at 40 1/8, Motorola (MOT: news, msgs) is adding 7/8 to 30 3/16 and Lucent (LU: news, msgs) is edging up 1/8 to 56 5/8.