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

To: George Sepetjian who wrote (1076)	12/3/1997 11:23:00 AM
From: Robert New	Respond to of 5390

Looks like a buying opportunity as per the following release... Wednesday December 3, 10:28 am Eastern Time RESEARCH ALERT-CSFB not downgrading Nokia,Ericsson HELSINKI, Dec 3 (Reuters) - Credit Suisse (CSGZn.S) First Boston (CSFB) telecoms analyst Kevin Brau said on Wednesday he was not about to downgrade telecoms equipment makers Nokia(NOKSa.HE) of Finland or Ericsson(LMEb.ST) of Sweden. ''I am ... not downgrading. To me this is a real buy opportunity,'' he told Reuters by telephone, referring to both stocks. CSFB's recommendation on both stocks is buy. Related News Categories: US Market News, international>>> By the way JD stands for John Dessauer who writes the newsletter "Investors World" and is very bullish on ERICY under $40...

To: George Sepetjian who wrote (1076)	12/3/1997 11:28:00 AM
From: Robert C. Petersen	Respond to of 5390

Thank God for the "research?" houses. I originally got into Ericson four or five years ago at 18 after Merril downgraded the stock, this was before the 4 for 1 split...I still have the shares and have added from time to time...the trick is to wait for these "geniuses" to downgrade, the stronger the cut the better....They just don't see the Big Picture because their eyes are on their commision figures. But, then, we must be grateful they are in this business and not brain surgeons Long and adding:::::nysebob2

To: George Sepetjian who wrote (1076)	12/3/1997 4:03:00 PM
From: Diogeron	Read Replies (1) \| Respond to of 5390

Sorry, I forgot what thread I was on for a minute because many of the people on the ERICY thread are also on the Dessauer thread. JD is John Dessauer, an investment advisor who publishes the Investor's World newsletter. He has been very enthusiastic about ERICY for the last few years and only last week advised his subscribers to "buy more if it drops below 40." If I may paraphrase, he thinks the Street is shortsighted on this stock and overestimating the effect of the "Asian crisis" on ERICY's future earnings. FWIW, I too bought it around 18 prior to the 4-1 split and have no intention of unloading it. In fact, I'm going through my retirement portfolio right now trying to decide what I should sell to buy more.