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


To: Rusty Johnson who wrote (3197)4/29/1999 11:17:00 PM
From: Rusty Johnson  Respond to of 5390
 
Blueprint for a Turnaround

COST-CUTTING
Cut more than 12,000 jobs to pull old-line telecom business out of the red

ACQUISITIONS
Plug holes in product line by acquiring U.S. technology companies, including Torrent Networking Technologies

NEW PRODUCTS
Try to resurrect flagging mobile handset business by introducing flashy new lines of phones

WIRELESS INTERNET
Exploit Ericsson's lead in wireless systems to dominate the next wave of wireless Internet technology

DATA: BUSINESS WEEK