SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?


To: lazarre who wrote (2010)9/17/1998 8:12:00 AM
From: tero kuittinen  Read Replies (1) | Respond to of 5390
 
Hmmm. Swedish "Finanstidningen" says:

"Pl”tsligt slutade Ericsson ocks† att redovisa siffrorna ”ver ordering†ngen, vilket allm„nt tolkades som att den efter 26 kvartal slutat v„xa."

My Swedish is pretty horrible, but it means roughly: Ericsson has abruptly stopped giving numbers about their order growth, which some people translated as meaning that the 26-quarter long period of sales growth is over. The newspaper traces this as the trigger for the rumors.

Then there is this:

"Vi bed”mer att Ericsson kan ha f”rlorat ett par procentenheter ned till omkring 20 procent av marknaden f”r digitala mobiltelefoner. Nokia tar marknadsandelar av b†de Ericsson och Motorola f”r tillf„llet", s„ger en analytiker p† Morgan Stanley i London.

A Morgan Stanley analyst warning about "two percent" market share loss to Nokia this year in the mobile phone market.

"Ett problem som m†nga pekar p† „r att Ericssons nya modeller redan upplevs som gamla, samtidigt som konkurrenterna vr„ker ut nya produkter i ett allt h”gre tempo."

Ericsson's new models appear already oldfashioned.

*But*:

"Marknaden f”r mobiltelefoner „r cyklisk."

Work that one out yourselves.

Tero



To: lazarre who wrote (2010)9/17/1998 11:35:00 AM
From: Paul Shread  Read Replies (1) | Respond to of 5390
 
L,

I told you ERICY said they weren't going to warn. Jeez, you guys gotta gimme more respect.

For what it's worth, the only thing that has me smiling today is the idea that ERICY's dividend keeps growing. Move over, Philip Morris. ;-)

Paul