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


To: gdichaz who wrote (2111)10/15/1998 12:22:00 PM
From: ed potter  Respond to of 5390
 
A sure bet, short ERICY before earnings?

It seems any company that releases great earnings reports gets HAMMERED the next day or so. The stock is run up in the pre earnings days (EXACTLY what is happening with ERICY), then wham, we're down 5 -10%.

Has happened to Apple (not great, but AMAZINGLY great earnings), AMD (the same story) and YHOO recently. The old quick in and out. Long term, of course is another story.