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6 pts

Opinion on  LM Ericsson Telephone Company (ERIC)     Sector: Technology  >  Industry: Communications Equipment
Bearish on ERIC ...

Feb 28, 2008 03:18 AM UTC
Cimg1247
Return Risk
-21.72% LOW
Associate

Hey Lehman wanna bet, haha! It is clear the cell business is competitive, but when a the company was entering in to emerging markets many jumped. In most markets sales are down 30-50%, and there 4th quarter profit was down 42%. Much better choices are AmericaMovil, as far as service and networks are concerned, and who has an Ericsson hand-set any longer, they are making Motorola look good....


ERIC:  This call was made on 02/28/08 @ $22.02
Rating:   Negative   $22.02 (02/28/08)
Gain/Loss:   +70.16% in 278 days


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Colby Feller previously rated ERIC
Negative +42.78% Sell, Sell, Sell
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