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

To: Sawtooth who wrote (1637)	5/22/1998 6:32:00 PM
From: LightPen	Read Replies (2) \| Respond to of 5390

It's called "let the stock run up after split rather than before" Caught the momentum players off guard Good old Ericy.

To: Sawtooth who wrote (1637)	5/22/1998 6:33:00 PM
From: Alex	Respond to of 5390

Ericsson Wins Order Valued At $300 Million For TDMA/D-AMPS Wireless Network in Brazil STOCKHOLM, Sweden--(BUSINESS WIRE)--May 22, 1998--Ericsson has been selected by ATL- Algar Telecom Leste S.A., the winner of the concession area for Rio de Janeiro and Espirito Santo, to be the sole supplier for B-Band digital wireless infrastructure. The awarded turnkey project is valued at $300 million. The wireless infrastructure will be TDMA, D-AMPS IS-136 technology. TDMA-based systems are the most advanced and wide spread digital wireless technologies in the world, being adopted by all B-Band operators in Brazil. ''Ericsson was selected based on the excellence of the commercial and technical conditions, as well as the proven national and international experience in digital wireless communications.'' Says Mr. Carlos Henrique Moreira, CEO of Algar Telecom Leste. Rio de Janeiro and Vitsria will be the first cities in Brazil to benefit from the new digital wireless services that Algar will provide. There are approximately 80 million subscribers using D-AMPS/AMPS networks worldwide. D-AMPS was the first technology to be commercially available as a dual-band (800/1900 MHz) and dual-mode (analog/digital) technology. Over 11 million subscribers are already using D-AMPS digital services. Ericsson's 100,000 employees are active in more than 130 countries. Their combined expertise in fixed and mobile networks, mobile phones and infocom systems makes Ericsson a world-leading supplier in telecommunications. Contact: KATHY EGAN PER BENGTSSON 212 685-4030 More Quotes and News: Telefon AB LM Ericsson (Nasdaq:ERICY - news)