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

To: Michael Speegle who wrote (1793)	7/20/1998 2:10:00 PM
From: Sawtooth	Read Replies (2) \| Respond to of 5390

Hey, Mike. Welcome. The Ericy thread needs some discussion; everyone gets complacent sitting back making money. How boring!!! <ggg>. I attribute the run up to great earnings forthcoming from Ericy, hitching on to Noka's results, and thinks not looking quite so dismal in Asia (warranted or not). What's your take? ...Tim

To: Michael Speegle who wrote (1793)	7/20/1998 2:26:00 PM
From: DWB	Read Replies (3) \| Respond to of 5390

This is a typical trading pattern for ERICY stock. It almost always trades up in the 2 week period preceding earnings, and typically sells off about 1/3 of the run-up post earnings. Then, once the great new information is digested by the investing community, and future earnings predictions are moved upward (again), the stock will start another slow climb. We might get to $35-$37 before earnings, sell off to around $32, then start back up again. Just a guess. DWB