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


To: P2V who wrote (2828)2/22/1999 9:38:00 AM
From: Leif V Singman  Respond to of 5390
 
The following blurb found on this morning's Aragon Morning Line may be of interest to Ericsson's shareholders.

"Ericsson's US market for digital telephony sees explosive growth. The
growth rate is so large that Ericsson can not make all deliveries on
schedule. "We expect an increase in our revenues of 20 percent in the US
in 1999" says Bo Dimert, Ericsson's US manager. Also, AT&T, Ericsson's
most important customer in the US has doubled its investment budget for
1999 compared to 1998. Ericsson expects to be on schedule within a few
months. (Dagens Industri)"