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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: nspolar who wrote (13868)6/5/2002 8:46:53 AM
From: Frank Pembleton  Respond to of 36161
 
I looked at the tech headlines this morning only to find more gloom and doom - not great for the banks...

Regards,
Frank P.

Ericsson Says More Gloom Possible in '03
Wed Jun 5, 4:19 AM ET

STOCKHOLM (Reuters) - Demand for telecoms equipment may not improve next year, the chief executive of loss-making Swedish telecoms equipment maker Ericsson (news - web sites), Kurt Hellstrom, was reported on Wednesday as saying.
story.news.yahoo.com

Nortel Stock Sags to New Lows
By Susan Taylor

OTTAWA (Reuters) - Shares in Nortel Networks Corp. (NYSE:NT - News; Toronto:NT.TO - News) collapsed to lows not seen in more than a decade on Tuesday amid concerns that a new $800 million financing will further dilute the embattled telecom equipment supplier's stock.
biz.yahoo.com