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Technology Stocks : Ericsson overlook?
ERIC 9.520-1.7%Dec 4 4:00 PM EST
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To: DWB who wrote (1212)1/15/1998 5:47:00 PM
From: JohnM  Read Replies (2) of 5390
 
a modest indication on prospects for ERICY 4Q97 earnings. VLSI technologies, which sells chips to ERICY, reports $0.45 a share ($0.02 ahead of consensus). ERICY is VLSI's biggest customer, so if ERICY were really hurting, one would have expected an adverse impact on VLSI's earnings. maybe those guys at saloman smith barney who say ERICY iis 20% undervalued are right.
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