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Technology Stocks : Ericsson overlook?
ERIC 9.395+1.1%Nov 21 9:30 AM EST
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To: Tim Andrews who wrote (1914)8/11/1998 9:39:00 AM
From: Michael Speegle  Read Replies (1) of 5390
 
Wish we could really say. Remember we tested 38 pre-split just a few months ago, hope we do not do that again... I think,just my opinion, that we will see 22-24 for a low and a very slow bumpy climb back to 30 again for years end. Asia is and will be for quite some time, a thorn in the markets side. Nothing new seems to be coming out of Ericsson to boost its earnings like '96, and 98 doesn't seem to be much better than year past. I will be glad to test 30 again this year.
JMHO.
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