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Technology Stocks : Ericsson overlook?
ERIC 9.495+1.1%3:59 PM EST
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To: Proton who wrote (1101)12/10/1997 3:21:00 PM
From: DWB  Read Replies (2) of 5390
 
If I had to guess, I'd see the recent drop is being aggravated by the Robertson Stevens downgrade of both Ericsson and Nokia today. As far as I've heard, ERICY does have exposure to the affected asian regions, but nothing that would warrant a drop from the levels it was recently at (we're down around 33% from the $50 level). It's times like these that those of conviction step up and buy, while the nervous nellies are running scared.

ERICY is a bargain at these levels.

DWB
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