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on the number - again?

Company press release:

"Ericsson reports continued solid performance"

Comments from the financial press sound entirely different.


"Ericsson Q1 below consensus, margins squeezed"

AFX News:

"Ericsson Q1 pretax misses forecast on Marconi-related margin erosion"

So much for company press releases. Sounds pretty much the same as in 2001/ 2002 when ericy continued to churn out positive news while going almost broke.


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