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[RT] QCOM Peer Group - Specifically Ericcson



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John et al,
Attched (I hope) is the Yahoo Profile on this very large company.

You will note that your P/E information, as well as the stock price, is
substantially different fromn the numbers you posted.

Ericcson is a much broader company than Qualcomm, providing telephone
equipment all over the globe, as well as manufacturing the items which
use the Qualcomm technology.

It's almost like comparing Intel and Compaq - the end user is rearely an
Intel (or a Qualcomm) customer.

http://biz.yahoo.com/p/e/ericy.html
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<x-html><html><head><title>Yahoo
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bgcolor=6699cc><td><font
face=arial
size=+1><b>Profile - LM Ericsson Telephone Co. (NasdaqNM:ERICY)</b></font></td><td
width="10%"><br></td><td
align=right><font
face=arial>As of 30-Dec-1999</font></td></tr></table><table
border=0
width="100%"
cellpadding=2
cellspacing=0><tr
bgcolor=dcdcdc><td
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Info:</b>
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<a
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width=20></td><td><table><tr><td><table align=right border=0 cellpadding=0 cellspacing=0><tr><td valign=top align=center width=180><form action="http://rd.yahoo.com/M=48603.433172.2182712.322233/P=m1k02qbg10rt01/S=2712315:E/A=177182/R=0/*http://ads.i33.com/redirect/0010/001338d/0007/SSS/A02/01/"; method="GET"><table align=right border=0 cellpadding=1 cellspacing=0 width=180 bgcolor="#dcdcdc"><tr bgcolor="#6699cc"><td colspan=3><font face=arial><b>Investor Research Center</b></font></td></tr><tr><td><input type="text" name="ticker" value="ERICY" size=5></td><td><small><input type=submit name=a value="Get Report"></small></td><td><img src="http://ads.i33.com/gifs/0010/001338d.gif/0007/SSS/A02/"; height="23" width="120" alt="Multex" border=0></td>	</tr>	</table>	</form></td></tr></table></td></tr></table></td></tr></table><p><table
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cellspacing=4
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valign=top><td
width=250><table
width=250
border=0
cellspacing=0
cellpadding=2><tr
bgcolor=dcdcdc><td
colspan=4><font
face=arial><b>Recent Events</b></font></td></tr><tr
valign=top><td
width=5></td><td
width="1%"><small>Dec&nbsp;30</small></td><td
colspan=2
width="98%"
nowrap><small>Price hit new 52-week high ($67.125)</small></td></tr><tr
bgcolor=dcdcdc><td
colspan=4><font
face=arial><b>Upcoming Events</b></font></td></tr><tr
valign=top><td
width=5></td><td
width="1%"><small>Jan&nbsp;28</small></td><td><a
href="http://calendar.yahoo.com/?v=60&DESC=LM+Ericsson+Telephone+Co.+%28NasdaqNM:ERICY%29+is+scheduled+to+report+earnings+today.&REM1=24h&ST=20000128Z-0800&TITLE=LM+Ericsson+Telephone+Co.+Earnings+Announcement+Today&TYPE=21&UID=NEEAERICY&URL=http://biz.yahoo.com/research/earncal/today.html&VIEW=w";><img
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alt="Add this event to your Yahoo! Calendar"
border=0></a></td><td
width="98%"
nowrap><small>Earnings Announcement</small></td></tr><tr
bgcolor=dcdcdc><td
colspan=4><font
face=arial><b>Location</b></font></td></tr><tr><td
width=5></td><td
colspan=3><small><b>Telefonplan, S - 126 25<br>Stockholm,
Sweden</b></small></td></tr><tr><td
width=5></td><td
colspan=3><small><b>Phone:</b>
(212) 685-4030<br><b>Fax:</b> (212) 213-0159<br><b>Email:</b>
<a
href="mailto:lme.lmekaq@xxxxxxxxxxxxxxxx";>lme.lmekaq@xxxxxxxxxxxxxxxx</a></small></td></tr><tr><td
width=5></td><td
colspan=3><small><b>Employees</b> as of 12/98<b>:</b>
103,667</small></td></tr><tr
bgcolor=dcdcdc><td
colspan=4><font
face=arial><b>Financial Links</b></font></td></tr><tr><td
colspan=4><small>&nbsp;&#183;<a
href=/hd/e/ericy.html>Top
Inst./M.Fund Holders</a> <img
alt="[New!]"
width=28
height=11
src=http://us.yimg.com/i/new2.gif><br>&nbsp;&#183;<a
href=/c/e/ericy.html>Upgrade/Downgrade History</a><br>&nbsp;&#183;<a
href="http://chart.yahoo.com/d?s=ericy";>Historical Quote Data</a><br>&nbsp;&#183;<a
href="http://yahoo.transium.com/yhoo.html?ticker=ericy";>Journal
Archive</a><br>&nbsp;&#183;Raw SEC Filings</small></td></tr><tr><td
colspan=4><small><b>Competitors:</b><br>&nbsp;&#183;<a
href=/p/sectors.html>Sector</a>: <a
href=/p/_techno.html>Technology</a><br>&nbsp;&#183;<a
href=/p/industries.html>Industry</a>: <a
href=/p/_techno-comeqp.html>Communications Equipment</a></small></td></tr><tr
bgcolor=dcdcdc><td
colspan=4><font
face=arial><b>Company Websites</b></font></td></tr><tr><td
colspan=4><small>&nbsp;&#183;<a
href=http://www.ericsson.com>Home Page</a><br>&nbsp;&#183;<a
href=http://www.ericsson.com/Reports/>Investor Relations</a><br>&nbsp;&#183;<a
href=http://www.ericsson.com/jobs/>Employment</a><br>&nbsp;&#183;<a
href=http://dir.yahoo.com/Business_and_Economy/Companies/Telecommunications/Equipment/Ericsson/Products_and_Services/>Products
&amp; Services</a><br>&nbsp;&#183;<a
href=http://dir.yahoo.com/Business_and_Economy/Companies/Telecommunications/Equipment/Ericsson/>Yahoo!
Category</a><p>&nbsp;&#183;<a
href="http://search.yahoo.com/search?p=%2BLM+%2BEricsson+Telephone+Co";>Search
Yahoo! for related links...</a></small></td></tr><tr
bgcolor=dcdcdc><td
colspan=4><font
face=arial><b>Index Membership</b></font></td></tr><tr><td
colspan=4><small>&nbsp;&#183;<a
href="http://finance.yahoo.com/q?s=^NDX&d=t";>Nasdaq
100</a></small></td></tr><tr
bgcolor=dcdcdc><td
colspan=4><font
face=arial><b>Ownership</b></font></td></tr><tr><td
colspan=4><table
cellpadding=0
cellspacing=0
border=0><tr
valign=top><td
width=10>&#183;</td><td><small><b>Insider:</b> 75%</small></td></tr><tr
valign=top><td
width=10>&#183;</td><td
nowrap><small><b>Institutional:</b>
11% (43% of float)<br>(736 <a
href=/hd/e/ericy.html>institutions</a>)</small></td></tr><tr
valign=top><td
width=10>&#183;</td><td><small><b>Net Inst. Buying:</b>
6.72M shares (+3.35%)<br>(prior quarter to latest quarter)</small></td></tr></table></td></tr></table></td><td><table
border=0
cellspacing=0
cellpadding=2><tr
bgcolor=dcdcdc><td
colspan=2><font
face=arial><b>Financial Summary</b></font></td></tr><tr><td
width=5></td><td>LM
Ericsson
Telephone
Company
is
an
international
manufacturer
of
advanced
systems
and
products
for
wired
and
mobile
communications
in
public
and
private
networks.
The
Company
also
produces
electronic
defense
systems.
For
the
nine
months
ended
9/30/99,
revenues
rose
14%
to
SEK143.06
billion.
Net
income
fell
30%
to
SEK5.81
billion.
Results
reflect
positive
reception
of
the
new
product
portfolio,
offset
by
lower
margins
and
increased
3G
mobile
development
expenses.</td></tr><tr
bgcolor=dcdcdc><td
colspan=2><font
face=arial><b>Officers</b></font></td></tr><tr><td
width=5></td><td>Lars
Ramqvist,
<i>Chmn.<br></i>Sven-Christer
Nilsson,
<i>CEO/Pres.<br></i>Kurt
Hellstrom,
<i>Exec.&nbsp;VP<br></i>Karl-Henrik
Sundstrom,
<i>Sr.&nbsp;VP/Treas.<br></i>Sten
Fornell,
<i>Contr./Acting
CFO.</i></td></tr><tr
valign=bottom><td
align=center
colspan=2><p><hr
noshade
width="80%"
size=1><i>More from Market Guide:</i>
<small><a
href="http://rd.yahoo.com/finance/mguide/*http://yahoo.marketguide.com/mgi/highlights/30650.html";>Highlights</a>
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- <a
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Comparisons</a></small></td></tr></table></td></tr></table></center><table
border=0
bgcolor=dcdcdc
width="100%"
cellpadding=5
cellspacing=0><tr><td><font
face=arial><b>Statistics at a Glance -- NasdaqNM:ERICY</b></font></td><td
align=right><font
face=arial><small>As of 30-Dec-1999</small></font></td></tr></table><table
border=2
width="100%"
cellpadding=2
cellspacing=0><tr
valign=top><td><table
border=0
width="100%"
cellpadding=3
cellspacing=0><tr
align=center><td
colspan=2><b><font
face=arial>Price and Volume</font></b></td></tr><tr><td
width="36%">52-Week Low<br><small>on 24-Mar-1999</small></td><td
width="12%"
align=right><small>$</small><tt>20.50&nbsp;</tt></td></tr><tr><td
width="36%">Recent Price</td><td
width="12%"
align=right><small>$</small><tt>63.063</tt></td></tr><tr><td
width="36%">52-Week High<br><small>on 30-Dec-1999</small></td><td
width="12%"
align=right><small>$</small><tt>67.125</tt></td></tr><tr><td
width="36%">Beta</td><td
width="12%"
align=right><tt>1.54<small>&nbsp;</small></tt></td></tr><tr><td
width="36%">Daily Volume&nbsp;<small>(3-month&nbsp;avg)</small></td><td
width="12%"
align=right><tt>4.39M</tt></td></tr><tr><td
width="36%">Daily Volume&nbsp;<small>(10-day&nbsp;avg)</small></td><td
width="12%"
align=right><tt>3.32M</tt></td></tr><tr
align=center><td
colspan=2><b><font
face=arial>Stock Performance</font></b></td></tr><tr><td
colspan=2
bgcolor=white><center><img
border=0
width=192
height=96
src=http://chart.yahoo.com/c/bb/e/ericy.gif
alt="[one-year price graph]"><br><small>big chart [<a
href="http://finance.yahoo.com/q?s=ERICY&d=1d";>1d</a>
|
<a
href="http://finance.yahoo.com/q?s=ERICY&d=5d";>5d</a>
|
<a
href="http://finance.yahoo.com/q?s=ericy&d=3m";>3mo</a>
|
<a
href="http://finance.yahoo.com/q?s=ericy&d=1y";>1yr</a>
|
<a
href="http://finance.yahoo.com/q?s=ericy&d=2y";>2yr</a>
|
<a
href="http://finance.yahoo.com/q?s=ericy&d=5y";>5yr</a>
|
<a
href="http://finance.yahoo.com/q?s=ericy&d=my";>max</a>]</small></center></td></tr><tr><td
width="36%">52-Week Change</td><td
width="12%"
align=right><tt>+163.4<font
size=-1
face=arial>%</font></tt></td></tr><tr><td
width="36%">52-Week
Change<br><small>relative to S&amp;P500</small></td><td
width="12%"
align=right><tt>+121.1<font
size=-1
face=arial>%</font></tt></td></tr><tr
align=center><td
colspan=2><b><font
face=arial>Share-Related Items</font></b></td></tr><tr><td
width="36%">Market Capitalization</td><td
width="12%"
align=right><small>$</small><tt>112.7B</tt></td></tr><tr><td
width="36%">Shares Outstanding</td><td
width="12%"
align=right><tt>1.79B</tt></td></tr><tr><td
width="36%">Float</td><td
width="12%"
align=right><tt>446.8M</tt></td></tr><tr
align=center><td
colspan=2><b><font
face=arial>Dividends & Splits</font></b></td></tr><tr><td
width="36%">Annual Dividend</td><td
width="12%"
align=right><small>none<tt>&nbsp;</tt></small></td></tr><tr><td
colspan=2><small>Last Split: 2 for 1 on 22-May-1998</small></td></tr></table></td><td><table
border=0
width="100%"
cellpadding=3
cellspacing=0><tr
align=center><td
colspan=2><b><font
face=arial>Per-Share Data</font></b></td></tr><tr><td
width="36%">Book Value&nbsp;<small>(mrq)</small></td><td
width="12%"
align=right><small>$</small><tt>4.10<small>&nbsp;</small></tt></td></tr><tr><td
width="36%">Earnings&nbsp;<small>(ttm)</small></td><td
width="12%"
align=right><small>$</small><tt>0.62<small>&nbsp;</small></tt></td></tr><tr><td
width="36%">Earnings&nbsp;<small>(mrq)</small></td><td
width="12%"
align=right><small>$</small><tt>0.16<small>&nbsp;</small></tt></td></tr><tr><td
width="36%">Sales&nbsp;<small>(ttm)</small></td><td
width="12%"
align=right><small>$</small><tt>11.96<small>&nbsp;</small></tt></td></tr><tr><td
width="36%">Cash&nbsp;<small>(mrq)</small></td><td
width="12%"
align=right><small>$</small><tt>1.35<small>&nbsp;</small></tt></td></tr><tr
align=center><td
colspan=2><b><font
face=arial>Valuation Ratios</font></b></td></tr><tr><td
width="36%">Price/Book&nbsp;<small>(mrq)</small></td><td
width="12%"
align=right><tt>15.39<small>&nbsp;</small></tt></td></tr><tr><td
width="36%">Price/Earnings&nbsp;<small>(ttm)</small></td><td
width="12%"
align=right><tt>101.39<small>&nbsp;</small></tt></td></tr><tr><td
width="36%">Price/Sales&nbsp;<small>(ttm)</small></td><td
width="12%"
align=right><tt>5.27<small>&nbsp;</small></tt></td></tr><tr
align=center><td
colspan=2><b><font
face=arial>Income Statements</font></b></td></tr><tr><td
width="36%">Sales&nbsp;<small>(ttm)</small></td><td
width="12%"
align=right><small>$</small><tt>23.8B</tt></td></tr><tr><td
width="36%">EBITDA&nbsp;<small>(ttm)</small></td><td
width="12%"
align=right><small>$</small><tt>1.80B</tt></td></tr><tr><td
width="36%">Income <small>available to common</small>&nbsp;<small>(ttm)</small></td><td
width="12%"
align=right><small>$</small><tt>1.24B</tt></td></tr><tr
align=center><td
colspan=2><b><font
face=arial>Profitability</font></b></td></tr><tr><td
width="36%">Profit Margin&nbsp;<small>(ttm)</small></td><td
width="12%"
align=right><tt>5.2<font
size=-1
face=arial>%</font></tt></td></tr><tr><td
width="36%">Operating Margin&nbsp;<small>(ttm)</small></td><td
width="12%"
align=right><tt>7.6<font
size=-1
face=arial>%</font></tt></td></tr><tr
align=center><td
colspan=2><b><font
face=arial>Fiscal Year</font></b></td></tr><tr><td
width="36%">Fiscal Year Ends</td><td
nowrap
width="12%"
align=right>Dec
31</td></tr><tr><td
width="36%">Most recent quarter</td><td
nowrap
width="12%"
align=right><small>30-Sep-1999</small></td></tr></table></td><td><table
border=0
width="100%"
cellpadding=3
cellspacing=0><tr
align=center><td
colspan=2><b><font
face=arial>Management Effectiveness</font></b></td></tr><tr><td
width="36%">Return <small>on</small> Assets&nbsp;<small>(ttm)</small></td><td
width="12%"
align=right><tt>6.28<font
size=-1
face=arial>%</font></tt></td></tr><tr><td
width="36%">Return <small>on</small> Equity&nbsp;<small>(ttm)</small></td><td
width="12%"
align=right><tt>17.28<font
size=-1
face=arial>%</font></tt></td></tr><tr
align=center><td
colspan=2><b><font
face=arial>Financial Strength</font></b></td></tr><tr><td
width="36%">Current Ratio&nbsp;<small>(mrq)</small></td><td
width="12%"
align=right><tt>1.20<small>&nbsp;</small></tt></td></tr><tr><td
width="36%">Debt/Equity&nbsp;<small>(mrq)</small></td><td
width="12%"
align=right><tt>0.09<small>&nbsp;</small></tt></td></tr><tr><td
width="36%">Total Cash&nbsp;<small>(mrq)</small></td><td
width="12%"
align=right><small>$</small><tt>20.5B</tt></td></tr><tr
align=center><td
colspan=2><b><font
face=arial>Short Interest<br><small>As
of 8-Dec-1999</small></font></b></td></tr><tr><td
width="36%">Shares
Short</td><td
width="12%"
align=right><tt>5.61M</tt></td></tr><tr><td
width="36%">Percent of Float</td><td
width="12%"
align=right><tt>1.3<font
size=-1
face=arial>%</font></tt></td></tr><tr><td
width="36%">Shares
Short<br><small>(Prior Month)</small></td><td
width="12%"
align=right><tt>5.94M</tt></td></tr><tr><td
width="36%">Short Ratio</td><td
width="12%"
align=right><tt>1.10<small>&nbsp;</small></tt></td></tr><tr><td
width="36%">Daily Volume</td><td
width="12%"
align=right><tt>5.10M</tt></td></tr><tr
align=center><td
colspan=2><b><font
face=arial>ADR Information</font></b></td></tr><tr><td
width="36%">Shares/ADR</td><td
width="12%"
align=right>1</td></tr></table></td></tr><tr><td
colspan=3
align=center><small><nobr><i>See <a
href=http://help.yahoo.com/help/fin/research/research-12.html>Profile
Help</a> for a description of each item above</i></nobr>;
&nbsp; <nobr><b>M</b> = millions</nobr>; &nbsp; <nobr><b>B</b>
= billions</nobr>; &nbsp; <nobr><b>mrq</b> = most-recent quarter</nobr>;
&nbsp; <nobr><b>ttm</b> = trailing twelve months</nobr>;
&nbsp; <nobr>(as of 30-Sep-1999)</nobr>; &nbsp; <nobr>dollar
amounts based on an exchange rate of 8.45 Swedish Krona/Dollar</nobr></small></td></tr></table><p>Market
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From: "Dr. John Cappello" <jvc689@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Subject: [RT] QCOM Peer Group - Specifically Ericcson
Date: Sat, 01 Jan 2000 18:57:58 EST
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Status:   

Dear Martin,

You are right.The reason for the confusion was ERICZ vs ERICY.My second post 
showed the market cap. for ERICY and yes it is a giant.I was looking for 
that 10 PE baby and did not put the second in my screen until I realized I 
could not find much on ERICZ.

Added to what you uncovered and to which I agree is the fact that both QCOM 
and ERICY are big customers of IDC.The IDC QCOM combo is expected to give 
NOKIA [the biggest] a run for its money.

Thanks for your help,

John


>From: Martin Coffey <riskrewarded@xxxxxxx>
>Reply-To: riskrewarded@xxxxxxx
>To: <realtraders@xxxxxxxxxxxxxxx>
>Subject: [RT] QCOM Peer Group - Specifically Ericcson
>Date: Sat, 01 Jan 2000 18:36:37 -0500
>
>John et al,
>Attched (I hope) is the Yahoo Profile on this very large company.
>
>You will note that your P/E information, as well as the stock price, is
>substantially different fromn the numbers you posted.
>
>Ericcson is a much broader company than Qualcomm, providing telephone
>equipment all over the globe, as well as manufacturing the items which.
>use the Qualcomm technology.
>
>It's almost like comparing Intel and Compaq - the end user is rearely an
>Intel (or a Qualcomm) customer.
>
>http://biz.yahoo.com/p/e/ericy.html
><< ericy.html >>

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