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


To: elmatador who wrote (4566)3/12/2001 6:38:30 PM
From: Robert T. Quasius  Read Replies (1) | Respond to of 5390
 
I couldn't resist taking another position in Ericsson today, selling 10 Jan '02 $7-1/2 Puts at $2-1/8. I'd happily buy ERICY at a net price of $5-3/8 in Jan '02, or pocket the options premium.

I already own 500 shares, and fully expect ERICY to triple in the next 12 - 18 months. This stock is way oversold!