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Technology Stocks : Ericsson overlook?
ERIC 9.680+0.7%Dec 19 9:30 AM EST

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To: Robert New who wrote (1814)7/24/1998 9:02:00 AM
From: DWB  Read Replies (1) of 5390
 
You have to give congratulations to all the big Wireless manufacturers that have reported to date (excluding Motorola...). Nokia destroyed earnings estimates, Qualcomm beat them as well, and Lucent did very well too. Now if ERICY can just come through on Monday, we could be back in the Mid 30's. I bet there will be a good bit of rotation of funds into telecom if it looks like this is one of the few areas of the market with good to great growth and a good forward outlook.

DWB
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