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Technology Stocks : Millicom International Cellular SA (MICC)
MICC 15.72+0.6%Dec 26 9:30 AM EST

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From: Condo10/23/2007 2:46:44 PM
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Just my luck. Stopped out yesterday, MICC soars today.
Ah well, "20/20 hindsight", "stops are insurance", blah blah blah. But damn.

STOCKHOLM, Oct 23 (Reuters) - Emerging markets telecoms operator Millicom (MICC.O: Quote, Profile , Research) reported a better-than-expected 60 percent rise in third-quarter core earnings on Tuesday, sending its share price up 18 percent. The firm, which is based in Sweden but focuses on high-growth emerging markets, said earnings before interest, tax, depreciation and amortisation (EBITDA) rose to $296 million from $186 million in the same period last year.

Millicom shares, which are traded on both the Stockholm bourse and Nasdaq, rose 18 percent to 647 Swedish crowns, outperforming a 2.3 percent gain in the Swedish market index <.OMXSPI>.

today.reuters.com
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