Z Best Place to Talk Stocks 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.

Strategies & Market Trends : Z Best Place to Talk Stocks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Larry S. who wrote (52838)	2/10/2005 8:29:31 AM
From: DanZ	of 53068

Ericsson might be a good trading buy between 27.50 and 28.80. biz.yahoo.com It's funny how the market picks and chooses what "it" wants to focus on. The company beat the earnings estimate, but their margins went down due to the rollout of new projects. It seems to me that this is an upfront hit that will help the company sustain growth in the future. They have to rollout new projects to increase future revenue and earnings, but the upfront costs for these huge projects can lower margins in the short term. It looks like a big overreaction to me, but ERICY often makes big gaps from day to day in both directions. No position presently but I will likely buy a little every 25 cents or so down. The stock is retesting the low end of the recent trading range that I have been looking for. Matrixx released their earnings last night. They beat the revenue and earnings estimate and their own guidance. Sales were up 48% and earnings were up 62%. Cash is up about $7 million from last year and gross margins increased a few points to over 70%. The company looks great fundamentally. They just need to get through what I believe are bogus lawsuits. biz.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next