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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| April 02, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TELECOM

Ericsson raises margin outlook

The No. 1 maker of equipment for mobile phone networks expects its Q1 gross margin to climb above the 41.6% it reported in Q4. That would put it at a height not reached since the boom days of the late '90s. It attributed the rise to progress on cost cuts. Shares rose 7.6% to 29.87.

MEDICAL

SEC halts Vaso Active trading

The SEC stopped trading on the OTC drug maker through April 15, citing assertions Vaso Active Pharmaceuticals made in press releases, its annual report, registration statement and public statements to investors regarding FDA approval of some products and regulatory consequences related to the future application of its primary product.

SuperGen stock plummets 33%

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