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Technology Stocks : Ericsson overlook?
ERIC 9.405+0.1%3:59 PM EST
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To: DWB who wrote (1166)12/31/1997 12:40:00 PM
From: kech  Read Replies (2) of 5390
 
Dan- We started this discussion with a definition of "vaporware". Go back and read it - post #1141. Companies promise things all the time that they can't deliver "on-time" or without flaws. It works - take a look at Windows95 - it was delivered 2 years after its was originally promised. (See recent book Overdrive on the subject). Did this destroy Microsoft? Hardly. The use of "vaporware" is a frequently used strategy by dominant companies and all I am saying is that this is what ERICSSON is up to. In my view, the burden of proof is on you to show that they aren't--but since I know you won't agree let's agree to disagree.
As for Ericsson having been a great investment for you - I am happy for you. In September I posted to you a point that the ratio of QCOM price to ERICY price was 1.2. I suggested we check out this ratio a year hence. Despite the recent drop in Qcom stock it is now 1.39. I suggest that you ask what ERICY has done for you lately? Tom
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