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To: Diogeron who wrote (1448)7/27/1998 10:32:00 AM
From: VivB  Read Replies (1) | Respond to of 2346
 
From Yahoo "Before the Bell" --Telefon AB L.M. Ericsson (LMEb.ST) (ERICY - news) ADRs slipped to 30 from a close of 33-11/16 after the Swedish telecommunications equipment maker reported first-half 1998 sales below analysts' forecasts.

Yahoo - Ericsson Interim Report Six months ended June 30, 1998 biz.yahoo.com

This printed out as 8 pages on my computer so I haven't had a chance to digest it yet. There is usually a "hit" when a stock does not meet analysts' forecasts. Don't know if there is more to this morning's dip than that.



To: Diogeron who wrote (1448)7/27/1998 10:43:00 AM
From: Veritas  Respond to of 2346
 
I bought it at 20 pre-split, 10 post-split and sold recently at 31. I'm sitting here right now hoping for a low of 25 to buy back in long-term.