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

To: tero kuittinen who wrote (2009)	9/17/1998 7:52:00 AM
From: lazarre	Read Replies (2) \| Respond to of 5390

FYI <<<FOCUS-Analysts see no Ericsson profit-warning By Adam Jasser HELSINKI, Sept 16 (Reuters) - Shares in telecom equipment makers across Europe took a roller-coaster ride on Wednesday after market talk of an imminent profit warning at Swedish giantEricsson . The shares partly recovered after Ericsson said it was not withholding any senstive information, and analysts poured cold water on the rumours, saying no profit-warning was likely before Ericsson's third quarter report next month Analysts also said companies focused on mobile telephony could prove more resistant to any global slowdown than many other sectors because of still huge demand in developed countries and many emerging markets. Analysts said investors might have been additionally unnerved by Tuesday's announcement by the world's sixth largest telecom company Nortel that it would cut staff, implying that global fixed-network investment might slow. >>>