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

To: Mika Kukkanen who wrote (2129)	10/16/1998 1:00:00 PM
From: Paul Shread	Respond to of 5390

Couldn't begin to tell you. NOK.A is down too, so it may be due to the tepid European reaction to the rate cut -- the U.S. market may have priced in too big a gain yesterday. Otherwise, I'm at a loss to explain it.

To: Mika Kukkanen who wrote (2129)	10/16/1998 1:00:00 PM
From: gdichaz	Read Replies (1) \| Respond to of 5390

Suggest that perhaps just perhaps the current decline may reflect (at least in part) the fact the Ericsson is the only major telecom equip manufacturer has not licensed Qualcomm's CDMA and therefore is unable to participate in the fastest growing wireless technology being built out around the world. Also perhaps it has begun to sink in the WCDMA is dead on arrival without use of Qualcomm's IPR's which in turn depend on backward compatibility to the current installed GSM and CDMA One. Chaz