Quote from heilbronner:
@ 29.91. This company has a track record of disappointing earnings in it's history. P/E is about 130. IMHO ericy is totally crap. In addition totally overbought. Anyway, let's see what happens. With a P/E of about 130 there isn't much space for errors. Ericy management has a strong reputation for doing regular big mistakes. IMHO current upswing is just a fluke.
OOPS! Did you mean you were short @28.91? Looks like that was the low today. Man, that's gotta sting.
ERICY hasn't traded at 29.91 that I can see. Looks like it is hitting 52week highs right now. Not the best time to short IMO. Good luck.
Ericsson L M Tel Co (NASDAQ NM: ERICY)
29.68 +0.76 +2.63%
Data as of 3:02 PM ET 2/11/04
Chart: 1dy 5dy 1mo 6mo 1yr 5yr
Open High Low
29.38 29.80 28.91
Previous Close Bid / Size Ask / Size Dividend
28.92 29.66 x 400 29.67 x 300 n/a
Market Cap Shares Outstanding Price/Earnings Ratio
45.9 Billion* 1,547,603,968* 141.33
52-Week High 52-Week Low Today's Volume
29.38 5.20 6,172,650
