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

To: Justin Curran who wrote (2072)	10/5/1998 4:27:00 PM
From: richard wilson	Respond to of 5390

P/E of 22, new models out next year it seems like its hard to go wrong in the long term. I bought more today at a good price. The down side is $14 if the dow hits 7200 and the worst is $10 if the ground falls out from under us...but then there will be no where to stand. No, I see a slow drift back to 20 in the short term, but expect it to be choppy. I'm glad I'm not into QCOM with there P/E, or NOK. Both of which have along way to fall. You just gotta love a crash! Richard.

To: Justin Curran who wrote (2072)	10/5/1998 6:12:00 PM
From: P2V	Read Replies (1) \| Respond to of 5390

Justin, I personally believe that Ericsson is a good/cheap long term investment. IMHO they are redefining themselves,and are suffering partly because of their concentration on the future. According to Tero, on the Nokia thread, their new headset product will give them a temporary lead in that Area. Ref. Message 5839156 (I also have chosen CPQ over Dell, for the very same reasons. ) I made the mistake of temporarily putting my money into CSCO; thinking they would be a "safe haven". Wow, was I wrong ! My next step will be to dollar cost average, back into Ericsson, and perhaps increase my holdings CPQ. Suggest you sift through the Ericsson press releases on this thread, and on their web site. Regards, MM Good