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

To: Leif V Singman who wrote (1073)	12/3/1997 10:16:00 AM
From: Guy E. Fleming	Read Replies (1) \| Respond to of 5390

It would be astounding if Ericsson cut 10,000 of their approximately 99,000 employees when business is booming. That's a 10% reduction! As of September, order bookings were up 41% over the prior year. There was some weakening in orders booked in the Asian market although they were still reporting a sharp total increase in net sales and orders for the area. This doesn't seem like a company that's needing to cut staff drastically. Reality? Last chance to grab some Ericsson in the thirties!