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

To: P2V who wrote (2844)	2/24/1999 2:59:00 AM
From: Rusty Johnson	Read Replies (1) \| Respond to of 5390

New Cell Phone 'Gets' the Web Wired News Report 12:00 p.m. 23.Feb.99.PST Nokia said Tuesday it has developed the first phone based on a budding protocol that formats Internet information for the screens of wireless devices. Nokia says its new Nokia 7110 cellular phone can access specially prepared text information broadcast over the Internet, such as news, weather reports, stock prices, email, flight schedules, or wireless banking. wired.com

To: P2V who wrote (2844)	2/24/1999 11:36:00 AM
From: elmatador	Respond to of 5390

Ericsson open for a bid The telecom market is undergoing restructuring. Companies merger and two of Ericsson's competitors have become targets for acquisitions. The value of Ericsson is lagging behind its competitors, and the company is thereby open for bids, providing the main owners Investor and Industrivärlden agree to such a deal. Cisco, Lucent and Nokia could very well acquire Ericsson by issuing new shares. Costs for investments that need to be done in the next few years concerning the Internet and the 3G mobile system must be distributed over a larger critical mass. The share owners would therefore welcome a restructuring. Fewer actors would entail reduced pricing pressure as well as lower actual costs for investments in R&D. Radical measures are needed to strengthen Ericsson's position. One alternative would be for Ericsson to merger with Nokia. Another plausible scenario could be a deal with Nortel, Cisco or Lucent.