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To: Ruffian who wrote (28183)	4/23/1999 2:05:00 PM
From: Sawtooth	Respond to of 152472

<<Our "Buddy" Cabi> Ericsson Reiterated 'Strong Buy' at CSFB Bloomberg News April 23, 1999, 6:56 a.m. PT Princeton, New Jersey, April 23 (Bloomberg Data) -- Ericsson -ADR- (ERICY US) was reiterated ''strong buy'' by analysts Marc A. Cabi and Ian Burgess at Credit Suisse First Boston Inc. The 12-month target price is $35.00 per share.>> Well, talk about the obvious, Michael. I mean with earnings highlights like the following, people must be falling all over each other to get to their brokers and pick up some blocks. It's not every stock that offers the opportunity to participate in a YOY EPS decline of almost 50% in the sizzlin' hot telecomm space! Ericsson - Interim Report Three months ended March 31, 1999 * Strong growth in mobile systems infrastructure * Strategic direction reinforced by acquisitions in wireless and datacom * Lower earnings in Consumer Products * Significantly reduced wireline sales in Latin America and Asia/Pacific * Income per share in the first quarter 1999 down 47 percent compared to the first quarter 1998