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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey D who wrote (8815)12/10/1998 11:25:00 PM
From: Karin  Read Replies (1) | Respond to of 42834
 
Hi Jeffrey,
Ericson was down today 4 3?4 to 24 !/8.
Net sales are somewhat below expectations.

Analyst Alex Cena tells salesforce of profit warning, cut estimates by 20%.
Further downward revisions possible.

To blame is the usual impact of the global financial crisis.
Salomon remains neutral on ERICY.
The stock is expected to have a slow first quarter, and will pick
up in the second quarter.

Just hang in there, Jeffrey. With all the acquisitions and great sales force they will do just fine.
Karin