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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?


To: Eric L who wrote (8983)1/29/2001 4:01:33 AM
From: elmatador  Respond to of 34857
 
A Machiavellian would say that ERICY punishes rival NOK by showing terminals under a very bad light. See what happens with Siemens that now is getting mobile terminals' market share from ERICY.

Shares in the spotlight: Siemens eases on margin fears
By Nicholas Leonard
Published: January 26 2001 15:19GMT | Last Updated: January 26 2001 15:30GMT




Shares in Siemens, the German electronics group, were underperformers in Frankfurt on Friday despite positive news about its trading in 2000.

Industry research figures from Gartner Dataquest indicated that Siemens advanced from fourth to second place behind Nokia in the western European market for mobile handsets during the three months to September 30.

However the report coincided with a plunge in Ericsson on handset losses and the growth in sales at Siemens simply contributed to worries about its profit margins which may have been trimmed.

Siemens is planning to expand further in the US and will hope to issue shares to help finance such moves. Its results for the quarter to December 31 will be issued on Wednesday January 31. They are expected to show a strong increase over a year earlier but comparisons may be difficult because they will be the first set of quarterly results to be drawn up on US accountancy principles. The main focus will be on the company's comments about current trading in its key sectors, particularly telecoms and semiconductors, where it retains a key stake in its Infineon spin-off.



To: Eric L who wrote (8983)1/29/2001 4:10:12 AM
From: elmatador  Respond to of 34857
 
ERICY -previously- always stated that mobiles brought profits. That was not true. The profits had always come from mobile INFRASTRUCTURE. Had ERICY stated that mobile infrastructure was the one that brought home the bacon, its customers immediately would demand discounts.

There has been obvioulsy a change in strategy within ERICY. Hence now they come out and say -finally- that mobile terminals are the losers.

Can you remember when in 1997 and 1998 it was the fixed line part of ERICY that was the loser? Do you remember in 1999 when the factory fire in Albuquerque, New Mexico, was the cause of loses.

ERICY is so previsible, they can't play this game anymore.

Ericsson holds back technology stocks (Ericsson belastet Stimmung fur Techwerte)
Die Welt - Germany; Jan 27, 2001

Frankfurt stock market report (26/01/01). The poor general trend on international markets acted as a drag on the growth of the DAX 30 share index on Friday. The technology stocks were particularly sluggish following the announcement by Ericsson that it was ending handset production. Siemens AG, the electronics giant, dropped by 2.7 per cent to 153 euros. There were losses too, for Epcos, the computer chip manufacturer (down 4.9 per cent at 93.10 euros), and Infineon Technologies AG, the semiconductor producer (down 3 per cent at 44.80 euros).