Avesta Sheffield shows signs of recovery

Article Abstract:

Avesta Sheffield AB, a stainless steel manufacturer based in Sweden, is showing a modest recovery, following its plunge in the stock market that stemmed from currency fluctuations and low steel prices. Terence Sinclair of Salomon Smith Barney sees a long slow recovery for the Avesta stock and that the item may not be attractive until summer 1999. Another analyst, Cristofer Sjoegren of Carnegie AB, provided investors with some caution in buying the stock until another quarter, afterwards, he said there should be signs of a reversal in the steel market.

Comment:

Is showing modest recovery, following plunge in stock market that stemmed from currency fluctuations & low steel prices

Iron and Steel Mills, Sweden, Securities issued, listed, Stainless Steel, Avesta Sheffield AB, Article

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Estonian telecoms link to Nordic legacy

Article Abstract:

The popularity of mobile phones in Estonia is connected to the Nordic mentality, according to Jaan Mannik, the CEO of Estonian Telephone. Like their neighbors in Finland, Estonians love to use mobile telephones. According to the latest estimates, mobile phone penetration in Estonia is at 22 phones for every 100 Estonians, roughly twice the rates of Latvia and Lithuania. Market growth shows no sign of slowing down.

Strategy & planning, Sales & consumption, Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, Estonia, Mobile Radio Systems, Wireless communications, Telecommunications equipment industry, Southern United States

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