SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?


To: Proton who wrote (1101)12/10/1997 3:21:00 PM
From: DWB  Read Replies (2) | Respond to of 5390
 
If I had to guess, I'd see the recent drop is being aggravated by the Robertson Stevens downgrade of both Ericsson and Nokia today. As far as I've heard, ERICY does have exposure to the affected asian regions, but nothing that would warrant a drop from the levels it was recently at (we're down around 33% from the $50 level). It's times like these that those of conviction step up and buy, while the nervous nellies are running scared.

ERICY is a bargain at these levels.

DWB



To: Proton who wrote (1101)12/16/1997 12:37:00 AM
From: Nilda Ovalles  Read Replies (1) | Respond to of 5390
 
Well, it looks like some stocks finally touched bottom and rebounded.
Ericy has a small rebound with large volume.