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

To: P2V who wrote (2575)	1/19/1999 3:42:00 PM
From: elmatador	Respond to of 5390

Good Morning Mardy! "Telcos ready to meet or beat the Street By Reuters Special to CNET News.com January 19, 1999, 11:30 a.m. PT U.S. telecommunications companies should meet or slightly exceed Wall Street estimates, benefiting from customers' increasing demand for extra phone lines, Internet access, and services such as Caller ID and call waiting, analysts said. The phone companies, especially the Baby Bell companies, typically report consistent, "almost boring utility-like earnings. Data and vertical services are where an extra boost or surprise may come from," said one industry analyst who declined to be named. The Baby Bells have managed to offset competition from new carriers by promoting services such as data, Internet access, and special features like Caller ID and call waiting, analysts said. The telephone companies' earnings are expected to grow an average of 11.8 percent in the fourth quarter, down from 12.1 percent in the third quarter, but much stronger than the 7.9 percent growth seen a year ago, according to a Merrill Lynch research report..." It is the old stuff helping telcos make money in the most developed telecoms country in the world. Imagine in other parts of the world!