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

To: Quincy who wrote (1236)	1/23/1998 7:40:00 PM
From: Jim Lurgio	Respond to of 5390

Friday January 23, 12:06 pm Eastern Time Siemens -phone standard compromise possible MUNICH, Germany, Jan 23 (Reuters) - Siemens AG (OTC BB:SMAWY - news; SIEG.F) said on Friday it was willing to compromise with Nokia Oy (NOKSa.HE)and Ericsson (LMEb.ST) LM on a new communications standard for mobile telephones. The European Telecommunications Standards Institute (ETSI) is scheduled to decide next week whether to adopt a Nokia-Ericsson proposal or one backed by Siemens'ON public communications group and several other companies. Earlier this week, Ericsson reportedly said it was willing to change its proposal to reach a compromise, and on Friday ON softened its stance. ''We are glad that Nokia and Ericsson are ready and willing to compromise on a single standard,'' spokesman Reiner Schoenrock told Reuters. ''Siemens is also willing to compromise.'' He would not say if the two sides had already begun talks. The ETSI vote will take place in Paris on Wednesday, the same day ON details its 1997 results. ON chief Roland Koch would elaborate on the standards issue then,Schoenrock said. Siemens, with support from Alcatel SA, Italtel SpA, Sony Corp. [NYSE:SNE - news], Lucent Technologies Inc. [NYSE:LU - news], Northern Telecom Ltd [NYSE:NT - news] and Motorola Inc. [NYSE:MOT - news], backs a proposal that combines elements of the TDMA standard used in Europe, Asia and other regions, and the CDMA standard used in the united States. The Nokia/Ericsson proposal is only compatible with CDMA. A new standard would make it possible to send more data and multimedia as well as voice over mobile phone systems. ON was Siemens' most profitable division in 1996/97, reporting pre-tax income more than doubled to 797 million marks. Sales rose 23 percent to 14.5 billion marks. Bank Julius Baer forecast ON's pre-tax profit in the current business year, which ends September 30, would rise 25 percent to about 900 million marks. Sales were seen rising about eight percent to 16.7 billion marks.

To: Quincy who wrote (1236)	1/23/1998 11:51:00 PM
From: DWB	Read Replies (1) \| Respond to of 5390

Quincy, like I said, it was just my opinion, which the last time I checked I am entitled to... allthough it's nice to know that I'm now "officially" obsessed with QCOM after asking a single question about their commercial (Caxton), and am totally missing the point (Maurice). Sorry Mo, but it didn't seem funny to me... except in an embarrasing way. Like the way you would feel if you saw some guy who had toilet paper caught in the back of their trousers coming out of the men's room, but they thought all the opposite sex was checking them out... It was Barney Fife kind of funny... It will be interesting to see what all the focus groups say about the commercial the day after... usually the WSJ has articles describing what people thought. I'll be interested to see how this one stands up. For what it's worth, I think the stadium naming is the big thing... the commercial will come and go while most people are in the bathroom, or getting a snack. DWB