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

To: lazarre who wrote (1897)	7/30/1998 1:23:00 PM
From: Jim Oravetz	Read Replies (1) \| Respond to of 5390

Here is something from today WSJ($) site. Interesting comment about the taxes -- Does ERICY by the drinks? Are you required to drink alcohol to work a corporate HQ? England bound?: Swedish electronics giant Telefon LM Ericsson may relocate many of its operations to London this fall. The reason, says a U.S.-based executive for the cellular-phone maker, is better recruitment prospects. "Stockholm is a tough place to attract people to," the executive says. "Most of the year it's cold and dark." Not only that, but Ericsson thinks Sweden's infamous taxes are tough on employees. "You drink all day, and you're broke because alcohol is so heavily taxed," notes the executive.