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

To: Robert C. Petersen who wrote (1583)	5/11/1998 10:34:00 AM
From: Leif V Singman	Read Replies (1) \| Respond to of 5390

I'm a admirerer of Warren Buffett and have tried to emulate his principles in my own investing, especially the one about making sure that the management of the companies I buy is honest. IMHO this applies to Ericsson. I guess his reason for not splitting is to keep the book-keeping simple, but one obvious consequence is that (until recently when he reluctantly issued B-shares) only wealthy investors could buy his company. Even B-shares are over $2000 (1/30 of the A-shares).