Ericsson overlook? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ericsson overlook?

ERIC 9.565

-1.5%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tri Vo who started this subject	7/22/2000 3:44:51 PM
From: scots40	Read Replies (1) of 5390

My take on message 4221 (Fire at Ericsson Plant): "The revelation caused Ericsson shares to fall by more than 11 per cent. Some analysts accused the company of failing to disclose crucial information. "It was crazy not to tell us ... This made a huge impact," said one." Who can not agree with this? "The company, when asked why it had not informed markets earlier about the fire, said: "We guide the markets about the whole company, not parts of the company." " Seems to me this affected "the whole company" since the stock of "the whole company" went down 11% in one day. I really hate to bash a company and its stock. Im a very positive and optimistic person. But I do get mad when I think crucial information is being purposely withheld by top management.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next