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Technology Stocks : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (4019)	4/5/2000 7:37:00 AM
From: Manly	Respond to of 5390

ERICY could continue to get hit throughout the month - shorters are coming on board due to the valuation. Good news is that they will have to cover most likely before the split. I'd love to have the European market announce their plans for a plan similar to our 401k here in the states sometime this summer. I've learned not to panic on the sell side - we've alreadylearned that lesson. I would have been worried had ERICY been a recent new INUT with no earnings and no promise of earnings. We are fortunate that ERICY already held their annual shareholder's meeting and were positive about the future outlook. Tripling profits for a company this size is huge. Once the split happens we should not be as crazy inprice wides, until then don't watch it. They are playing on people's emotions. We're just going to own a ton after the split and hopefully we can look back in 3-5 years and wish we'd had bought more at this price. Good news in this market is my wife's 401k stock has always been in 100% Abbott. She has 10 years of investing in tis one which has been great over the long haul. Whenever drug stocks are out of flavor she was buying more on the dips. Now, we'd love to have ABT go towards $50 again. Glenn