Ericsson overlook? Message Board

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Technology Stocks : Ericsson overlook?

ERIC 9.455

+0.7%

10:22 AM EST

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To: George Sepetjian who wrote (1076)	12/3/1997 4:03:00 PM
From: Diogeron	Read Replies (1) of 5390

Sorry, I forgot what thread I was on for a minute because many of the people on the ERICY thread are also on the Dessauer thread. JD is John Dessauer, an investment advisor who publishes the Investor's World newsletter. He has been very enthusiastic about ERICY for the last few years and only last week advised his subscribers to "buy more if it drops below 40." If I may paraphrase, he thinks the Street is shortsighted on this stock and overestimating the effect of the "Asian crisis" on ERICY's future earnings. FWIW, I too bought it around 18 prior to the 4-1 split and have no intention of unloading it. In fact, I'm going through my retirement portfolio right now trying to decide what I should sell to buy more.

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