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

To: Mr. Stocks who wrote (1260)	1/29/1998 12:08:00 PM
From: DMaA	Read Replies (3) \| Respond to of 5390

Mr. Stocks, double # shares and price halves. Elementry.

To: Mr. Stocks who wrote (1260)	1/29/1998 1:35:00 PM
From: DWB	Read Replies (2) \| Respond to of 5390

The most simplistic answer, amazing as it may seem, is that investors have come to EXPECT these types of results from Ericsson ("Oh sure.. income was up 60-80%... but they've increased earnings for 25 quarters now, what's the big deal?... Now if it had tripled... then we'd be excited.") So as a result (for the very short term), Ericsson will usually sell off after earnings releases while the momentum players get on to the next "hot" stock. The benefit to all of us who have an investment horizon that extends past our next meal, is we can pick up extra shares in this company for less money. I encourage everyone to really read the data that was released today... the more you read, the better Ericsson's outlook seems going forward. Plus with the increasing dividend, and the upcoming stock split, not to mention the ETSI voting results, Ericsson is going to be making money despite what any naysayers may offer as proof to the contrary. DWB