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


To: Rod Dolman who wrote (2979)3/23/1999 12:36:00 PM
From: Ruffian  Read Replies (1) | Respond to of 5390
 
Ericy Profit Warning? From Yahoo>

CEO Reiterates Profit Warning
by: Rodolse
6657 of 6657
but nothing new, from what I can tell by the headlines in Sweden. Still a knee-jerk reaction in stock price.
BTW, MS=Morgan Stanley.



To: Rod Dolman who wrote (2979)3/23/1999 10:03:00 PM
From: P2V  Read Replies (1) | Respond to of 5390
 
YUP ! Annual General Meeting of Telefonaktiebolaget L M
Ericsson

Media and Analysts invited to Conference Call 1:00-1:30 PM EST,
immediately following Press Conference in Stockholm

STOCKHOLM, Sweden--(BUSINESS WIRE)--March 23, 1999-- The Annual General Meeting of Telefonaktiebolaget LM
Ericsson was held on Tuesday March 23, in Stockholm.

The Company's and the Group's income statements and balance sheets were adopted and the Board of Directors and the
President were discharged from liability for the fiscal year 1998.

The Meeting approved a dividend of SEK 2.00 per share. Shareholders who are recorded in the share register on the record date,
March 26, 1999, are entitled to receive dividend, which is expected to be paid on April 6, 1999.

The Meeting also decided to change the Articles of Association due to provisions in the Swedish Company Act that came into
force on January 1, 1999.

The following Directors of the Board were re-elected; Tom Hedelius, Sverker Martin-Lof, Sven-Christer Nilsson, Lars-Eric
Petersson, Lars Ramqvist, Clas Reuterskiold, Peter Sutherland and Marcus Wallenberg. Bo Berggren and Sven Agrup had
declined re-election. Goran Lindahl was elected Director of the Board.

At the statutory meeting of the Board of Directors following the Annual General Meeting, Lars Ramqvist was elected Chairman.
Tom Hedelius and Marcus Wallenberg were elected Vice Chairmen.

Carl-Eric Bohlin, Olof Herolf and Thomas Thiel were elected to serve as auditors.

Ericsson's CEO Sven-Christer Nilsson said during his speech at the Annual General Meeting:

''Ericsson is in an exciting period. 1999 is not a harvest year but a year in which we are preparing ourselves. And we are well
positioned for the next phase of development.

''We recently presented an entirely new portfolio of mobile telephones. We are equipped to strengthen our position. Our
technological leadership in 3G, which is the first generation of a true mobile Internet, is unchallenged. We have led this
development.

''In connection with the annual results we announced an expectation of lower results for the first six months of 1999. I can confirm
this and particularly in connection with the first quarter. The increase in sales has slowed at the same time as costs for
restructuring have appeared. At the same time it is important to note that the first quarter is often a poor indicator for the balance
of the year.

''This shift in technology and development will be as extensive for man as when the telephone became generally available. It
involves the mobile Internet, an area in which Ericsson has unique strength. We are the world leader in mobility. We already have
6 test systems in operation and we received the first order in the world for a so-called packet-data GPRS.

''Our long-term goal in this 3G market is to post higher growth than the market as a whole. Accordingly, our objective is to grow
by at least 20 percent.''

The complete speech will be found at ericsson.se.

Media and analysts will hereby be invited to a conference call between 19.00-19.30 hour Swedish time at phone number:

Europe: +44 181 781 0577 North America: + 1 212 896 6172

There will be a replay of the conference call beginning one hour after the end of the call. It will be available for 24 hours.

Replay numbers are: Europe: +44 181 288 4459, Access code: 601362 North America: +1 800 633 8284, Reservation: 12035922

Participants: Sven-Christer Nilsson, President and CEO

Johan Fant, Corporate Controller, Senior Vice President

Ericsson is the leading provider in the new telecoms world, with communications solutions that combine telecom and datacom
technologies with freedom of mobility for the user. With more than 100,000 employees in 140 countries, Ericsson simplifies
communications for its customers - network operators, service providers, enterprises and consumers - the world over.

Please visit Ericsson's Press Room at: ericsson.se

Contact:

Pia Gideon, Director, Corporate Communications
Phone: +46 8 719 2864, +46 70 590 2864
or
Kathy Egan
Per Bengtsson
212/685-4030




To: Rod Dolman who wrote (2979)4/16/1999 4:47:00 PM
From: Rod Dolman  Read Replies (2) | Respond to of 5390
 
New display technique that illuminates
the retina directly.
This not meant to be spam.
Just got this from a friend at work.
Has anyone else heard or seen this before.


hitl.washington.edu

It describes a new display technique that illuminates
the retina directly. It promises:

- Very small and lightweight, glasses mountable
- Large field of view, greater than 120 degrees
- High resolution, approaching that of human vision
- Full color with better color resolution than standard displays
- Brightness sufficient for outdoor use
- Very low power consumption
- True stereo display with depth modulation
- Capable of fully inclusive or see through display modes

Rod