Ericsson overlook? Message Board

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Technology Stocks : Ericsson overlook?

ERIC 9.520

-1.7%

2:06 PM EST

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To: Leif V Singman who wrote (1198)	1/12/1998 10:53:00 AM
From: Sawtooth	Read Replies (1) of 5390

Leif: <<I suggest that the Q fans take a more critical view of their own company since it is there that they have their money invested (If half of the things I read in the open literature are true, you have real reason to worry.) and that the Ericsson stockholders spend their time discussing real factors affecting Ericsson stock like the upcoming final vote for the next European standard and the impact of the Asian crisis.>> Good suggestion all the way around. It has always struck me as at least a little bit curious that Q supporters seem to feel compelled to run over to the Ericy board and let the shareholders know what a crappy company Ericsson is. I've usually considered drum beating to be a warning signal rather than an inducement when it comes to investments. To each thier own. We have all been around the block enough times to know that "great technology" does not always make for a great investment. A quick glance at a five year chart shows that Ericy has been an excellent investment over that time frame, while Q is currently selling for a few points higher than it was in the fourth quarter of 1993. Is there really anybody who would say they'd rather have had their money in Q than in Ericy over this time period? Most truly great companies seem to be continue to be great companies over the long run. The future may be different. As such, I also hold a little Q to round things out. Ericy will do just fine, IMO. "One thing's for certain, we'll all find out!" ; ) Good luck.

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