Ericsson overlook? Message Board

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Technology Stocks : Ericsson overlook?

ERIC 9.425

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1:40 PM EST

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To: Nilda Ovalles who wrote (1079)	12/3/1997 3:00:00 PM
From: JDN	Read Replies (3) of 5390

Dear Nilda: Of course not. ERICY isnt going anywhere. I first bought this stock as I was impressed with their 5 year plan and nothing has changed to change my first impression. Emerging nations like China will of course rely on wireless. Takes too long and as you point out expensive to install the infrastructure for anything else. I still say investment community misunderstood ERICY's labor adjustments. That was again obvious in Yahoo Quotes this morning where I read a news article saying ERICY laying off 10,000 workers with no comment at all that numbers actually up and many of these 10,000 were reassigned to profitable divisions. Anyhow, I consider ERICY a core holding and had no intention of selling so the day to day price means little to me, except its always nicer when its rising, haha. JDN

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