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


To: Puck who wrote (4348)10/20/2000 9:28:22 AM
From: Grashopper  Read Replies (1) | Respond to of 5390
 
Methinks that a broad overview of the big picture; to wit lousy report and ''nice contract''plus a few little gems in the lousy report such as Ericy's ability to recover from lost orders based upon equipment shortages from their insurance company(PROBABLY LLOYDS OF LONDON) AS WELL as future moves and new locales... to increase production..........that all the the foregoing IMHO DO NOT JUSTIFY A 20% drop in their stockprices allready beaten up..that is unless you are looking for a buying opportunity,,,premarket trades were in the low 11s but are now leaning towards 12............this aint 25% LIKE OVERSEAS and depending on overall market mood the shortterm damage at the end of the day will be minimal ........and in another week nonexistent