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

To: elmatador who wrote (4346)10/20/2000 5:29:40 AM
From: 2MAR$  Read Replies (1) | Respond to of 5390
 
Ericsson<LMEb.ST> wins $1.35 bln 3G contract

STOCKHOLM, Oct 20 (Reuters) - Swedish telecom equipment
maker Ericsson said on Friday it had won a $1.35 billion
contract to build a third-generation telephony network from
Germany's MobilCom AG <MOBG.DE>.
The deal gives Ericsson 16 out of the world's 21 contracts
for third-generation telephony (UMTS), which will allow mobile
phone users to see video and graphics on their handsets and to
be constantly connected to the Internet.
((Stockholm newsroom, +46-8-700 1017, fax +46-8-211601,
stockholm.newsroom@reuters.com))
REUTERS
*** end of story ***



To: elmatador who wrote (4346)10/20/2000 6:05:44 AM
From: Puck  Respond to of 5390
 
I wish I knew for cetain that Ericsson's outsourcing strategy would finally solve their handset division's problems.



To: elmatador who wrote (4346)10/20/2000 7:51:37 AM
From: Wolfgang  Read Replies (2) | Respond to of 5390
 
I am bullish for Ericsson. After having won the Mobilcom contract, I think Ericsson is a definite buy at this stage. I went in today and sold my NOK's after two years and with a fine profit. One must consider the fact,that Ericsson's mobilcom business is only a very small part of their operation. Their main business is infrastructure. Also they are restructuring their mobilephone business. Thus I see them on the way up North.


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