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


To: FR1 who wrote (4067)4/28/2000 7:22:00 PM
From: Jane4IceCream  Respond to of 5390
 
Buy on rumour, sell on news.

I sold in the 90's and bought them back before the close in the low 88's. MOst companies reporting strong earnings in this market have tanked theday of or the next day.

We should move forward from here barring any huge market swing down.

Jane



To: FR1 who wrote (4067)4/28/2000 7:24:00 PM
From: gladman  Read Replies (1) | Respond to of 5390
 
Have you ever traded a stock on earnings anticipation?

Buy 1-2 weeks prior for the earnings runnup then sell into the crowd buying on the great news... also called the oldest trick in the book.

This was the usual action on any earnings trade, ERICY should run to 110-125 into the split.



To: FR1 who wrote (4067)4/29/2000 5:30:00 AM
From: JDN  Read Replies (1) | Respond to of 5390
 
Dear Franz: Its simple, the market is Schetzophrenic (sp?). Justice announced a plan to split MSFT in two and stock went UP after closing friday. ERICY announces a 366% earnings increase with the promise of more to come down and stock goes down!! Just shows the speculation that goes on in the market. Many people, buy into the news. Those that buy early, sell into those that buy late. Sometimes the early people outnumber the late people and price falls even on really good news. Dont worry about it. Its BEYOND my comprehension that this stock wont move substantially above 100 prior to the upcoming split. Next week should be exciting. JDN