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Technology Stocks : Ericsson overlook?
ERIC 9.755+1.9%9:46 AM EST

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To: Alex who wrote (1675)5/28/1998 2:17:00 PM
From: jttmab   of 5390
 
Alex,

I don't mean to damper your enthusiasm and I'm certainly not complaining about the $2BB, but ERICY did $23BB in the last 12 months, or about $2BB/mo. On an encouraging side to your point though is that they probably have some significant collective revenue that didn't warrant press releases. Consequently, they are probably on target for estimated revenue growth of 27-36%. On the earnings side, I've got my fingers crossed for some positive surprises, since an estimated 98 earnings of .91/share makes the stock a little pricey at the moment.

Here's an interesting chart:

tscn.com

Best Regards,
Jim

P.S. I picked up ericy a several years ago on a split adjusted price of $2 and change and have no intent on selling in the foreseeable future. As well as it's done, I'm really surprised it doesn't garner more discussion on SI, MF or Yahoo.
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