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

To: P2V who wrote (2161)	10/21/1998 6:44:00 PM
From: P2V	Read Replies (1) \| Respond to of 5390

STRING OF PEARLS ericsson.se "We will continue developing our internal competence in datacom and to pursue a selective acquisition policy to add needed technology or channel access. We describe our acquisition strategy as a "string of pearls" approach. It focuses on small to mid-sized firms that are leading innovators. We think this is a much smarter strategy than pursuing a "mega-merger," which would be prohibitively expensive and dilutive of earnings. The aim is to complement with certain technology, not necessarily to buy market shares," says Sven- Christer Nilsson.