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

To: Robert New who wrote (4352)10/20/2000 9:18:25 AM
From: Sawtooth  Respond to of 5390
 
<<I would tend to agree that we are closer to the bottom versus the top and feel as though all of the bad news is now factored into this stock. Its better to step aside and wait for the bottom to form before adding to/initiating a position. They really do need to get the handset division under control. Until visibility of this turnaround is made the shares will likely trade sideways. This will be Hellstrom's defining moment. Interesting that 80% of the press coverage is on Ericsson's handset division even though it only accounts for about 20% of its total sales.>>

Agreed; good advice, Robert.

Best.

..........VVVVVVVVVVVV



To: Robert New who wrote (4352)10/20/2000 11:02:38 AM
From: Wolfgang  Respond to of 5390
 
You are right, Robert. I should have waited a little bit. After buying 1000 Ericy's at 15,90 € around noon (in Germany, by the way) it went down to around 13.50 €. So I added 250 at this price. Now it's up to more than 15 €. I am quite relaxed now. They are BIG and they made mistakes concerning a SMALL PART of their operations - and I'm sure they take the right measures.
rgds and have a nice weekend
wolfgang


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