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


To: Jim Oravetz who wrote (5030)7/19/2002 4:03:09 PM
From: Raptech  Read Replies (1) | Respond to of 5390
 
The rights distribution is a sucker bet, but if you own shares you almost have to buy the 1:1 rights at .41, as the share price will certainly adjust for the dilution.

While I am not optimistic about outlook I don't want to sell at 1.28 or less so will have to average down with the rest of the losing crowd.

IMO, ERICY just made a forced interest free loan from its shareholders. Some of our scrupulous US corps haven't yet thought of this one.

Rap