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Technology Stocks : Ericsson overlook?
ERIC 9.570-1.4%Dec 12 9:30 AM EST
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To: Tweaker who wrote (1820)7/25/1998 7:31:00 AM
From: jttmab  Read Replies (1) of 5390
 
Tweaker,

It appears that the move Friday was attributable to NOKA earnings and the anticipation that ERICY would do well also. Monday ERICY moves on its own merits, so a pop is possible. ERICY has done quite nicely this quarter, so I had been thinking that if ERICY had good earnings, it would be reasonable to expect some "natural" profit taking after the earnings report. Perhaps this past weeks drop (except Friday) will diminish that effect.

Best Regards,
Jim
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