SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?


To: Jazz102 who wrote (2213)10/29/1998 10:02:00 AM
From: ekimaa  Respond to of 5390
 
Jazz102,

Probably this downgrade played a part.

Wireless-equipment giant Ericsson [ERICY] fell 1 1/8 to 21 3/4 on the Nasdaq after Standard & Poor's downgraded the company's credit outlook to stable from positive.

Mike



To: Jazz102 who wrote (2213)10/29/1998 11:10:00 AM
From: Mesaba  Respond to of 5390
 
It feels to me like Ericsson is going to be sitting around here for a while. Earnings weren't really big news and now folks are looking into companies who are beating estimates.

An opinion,
M