Ericsson overlook? Message Board

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Technology Stocks : Ericsson overlook?

ERIC 9.720

-1.3%

Nov 14 9:30 AM EST

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To: Justin Curran who wrote (2072)	10/5/1998 4:27:00 PM
From: richard wilson	of 5390

P/E of 22, new models out next year it seems like its hard to go wrong in the long term. I bought more today at a good price. The down side is $14 if the dow hits 7200 and the worst is $10 if the ground falls out from under us...but then there will be no where to stand. No, I see a slow drift back to 20 in the short term, but expect it to be choppy. I'm glad I'm not into QCOM with there P/E, or NOK. Both of which have along way to fall. You just gotta love a crash! Richard.

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