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

To: Wolfgang who wrote (4350)	10/20/2000 7:56:07 AM
From: Jim Oravetz	Respond to of 5390

07:14 ET SCI Systems (SCI) 35 13/16: Company to assume production of all current and future Ericsson (ERICY) radio base systems, under multi-year, multi-billion dollar outsourcing agreement. Briefing.com Jim

To: Wolfgang who wrote (4350)	10/20/2000 9:05:56 AM
From: Robert New	Read Replies (2) \| Respond to of 5390

I would tend to agree that we are closer to the bottom versus the top and feel as though all of the bad news is now factored into this stock. Its better to step aside and wait for the bottom to form before adding to/initiating a position. They really do need to get the handset division under control. Until visibility of this turnaround is made the shares will likely trade sideways. This will be Hellstrom's defining moment. Interesting that 80% of the press coverage is on Ericsson's handset division even though it only accounts for about 20% of its total sales.