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

To: P2V who wrote (2602)	1/22/1999 11:39:00 AM
From: richard wilson	Respond to of 5390

Well, we had a bit of a correction and ERICY held its ground. MY prediction was that it would get hit hard the first correction after the bad earnings warning but this does not seem to have happened. Rather the chart looks quite flat after the initial shock. I am pleased for every one on this thread and hope this trend continues. Two questions: When are the next earnings released? Whats your expectation given the warning shot by the CEO? Good luck to all ERICY longs, Richard.

To: P2V who wrote (2602)	1/22/1999 12:35:00 PM
From: elmatador	Respond to of 5390

"The combined revenues of U.S. local exchange carriers are now about $120 billion; the long distance industry (which relies very heavily on the local network) adds $50 billion or more; related industries supplying network equipment, services, and CPE (switches, control systems, optical fiber, PBXs, telephones, modems, fax machines, answering machines) add perhaps another $25-50 billion." Now there are frontal-lobe-challenged investors who have been persuaded that this market -where the Ericsson's, Lucent's and Nortel's of this world rake in their cash- is going to disappear next Monday morning. El Nino effect, probably. As for tatters: Who told you guys this thing was going to be neat? It isn't. Life and love aren't neat either, but we are not giving up life and love. (Boy, ain't I in a tender and gentle mood today!!)