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


To: Leif V Singman who wrote (2921)3/11/1999 8:05:00 PM
From: marginmike  Read Replies (1) | Respond to of 5390
 
Hey Leif, why hasnt there been any negative PR from ericy recently? You would think with the trial about to begin they would be running at full PR tilt.



To: Leif V Singman who wrote (2921)3/11/1999 11:08:00 PM
From: Maurice Winn  Read Replies (1) | Respond to of 5390
 
Leif this is amazing. You quote the very article then seem puzzled with the words right there in front of you.

"...of corruption in the award of a contract..."

This is not a 'technical detail'. To be accused of corruption in a place like Mexico won't involve a trivial bribery.

Why are they ex-Employees of L M Ericsson? You mean they weren't employees when they were involved in the contract award? That means they were involved in some other contractual arrangements other than on behalf of L M Ericsson and the newspaper thought it interesting that once upon a time they were L M Ericsson employees long before they were involved in the questionable contract arrangements.

You can't be serious. I suspect that L M Ericsson ditched them when their part in the contracts was found out. Maybe they weren't employed by L M Ericsson at the time, but that isn't how it looks to me. Why on earth would the article mention a former employer if it was nothing to do with the employer?

You are talking rot to say that being involved in an auto accident is a crime in Mexico. You mean to say a car driver stopped at a red traffic light and crushed by a truck failing to stop behind it is guilty of a crime? That is simply absurd. Of course the truck driver is guilty of a crime, as they would be anywhere. Try doing that in Finland in a truck and see what happens to you. The policeman won't give you a cheery wave as you leave the scene of devastation. You will be stopped and charged accordingly, especially if drunk. Even on Kahlua.

Okay, they are accused, not convicted. You are being pedantic. The 'alleged offenders' is perhaps nice newspaperese. The point of my comments was to identify whether it was Motorola or L M Ericsson up to the nefarious works in Mexico. One does not need to have been convicted of crimes to be nefarious. Many nefarious people go on day in day out conducting their nefarious works and getting away with it.

The campaign by L M Ericsson to get a silly chip rate is nefarious, with no proven need, the effect being to neutralize cdmaOne installations. The case against Q! on 'soft handoff' seems to me vexatious and nefarious with delay of cdmaOne the effect which is shown by China deferring cdmaOne.

To call corruption anything other than nefarious is dodgy at best. Corruption is one of the most nefarious of all crimes as it destroys the basis of civilization. The accusation was corruption, not leaving the dots and crosses of 'i's and 't's, which might be considered technical.

Anyway, it's now going on 5 months later! What happened to the former L M Ericsson employees and the Mexican officials involved in the alleged crimes. To be arrested usually involves crimes, not parking tickets or technical mistakes.

What's your point Leif? You think 'nefarious' is an unfair accusation?

Maybe the two ex-employees were simply trying to line their pockets at their ex-employer's and Mexico's expense, in cahoots with the [presumably ex] Mexican officials. In that case, it isn't anything to do with L M Ericsson though while they were in the control and auditing ambit of L M Ericsson, it is Ericy's responsibility. They should select, train and manage their employees so such things don't occur. Ericy is still liable in my book.

Maurice