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To: Jon Koplik who wrote (29380)	5/7/1999 8:50:00 AM
From: John Dough	Respond to of 152472

ERICY Problems Continue: Friday May 7, 8:20 am Eastern Time (Note: this article is ''in progress''; there will likely be an update soon.) Ericsson Sees Lower '99 EPS, Even Excluding Costs STOCKHOLM, May 7 (Reuters) - Swedish telecoms group Ericsson said on Friday its 1999 earnings per share would be somewhat lower in 1999 than in 1998, even excluding net restructuring costs of 1.5 billion crowns ($180.2 million) this year. Ericsson's chief financial controller Johan Fant gave Reuters the information -- which takes recent profit warnings from the group one step further -- told Reuters.