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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (44365)3/27/2002 9:01:29 AM
From: T L Comiskey  Respond to of 99280
 
Zeev...qcom suffers with it's Pals....
no joy in SD
Tim

Wednesday March 27, 7:45 am Eastern Time
Ericsson sees no market turnaround
STOCKHOLM, March 27 (Reuters) - Telecoms equipment major Telefonaktiebolaget LM Ericsson sees no signs of a turnaround in the company's markets, its chief executive said on Wednesday.

``We see no signs that it (the market) has turned,'' CEO Kurt Hellstrom said. ``The point of departure in our planning is that it will not turn this year.''

Ericsson, which made a record 30 billion crown ($2.91 billion) loss in 2001, is the world's leading maker of wireless telecom network infrastructure equipment.

Hellstrom was speaking at a news conference before the group's annual meeting.



To: Zeev Hed who wrote (44365)3/27/2002 9:07:13 AM
From: T L Comiskey  Respond to of 99280
 
Esst........
from Dave Gores thread

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