The Motley Fool Discussion Boards
Stocks L / LM Ericsson Telephone Co.
|Subject: Re: Down 25% in one day?||Date: 10/17/2007 1:46 AM|
|Author: geho||Number: 2779 of 2787|
One should have seen it coming, but then, hindsight is always 20/20.
While the newly merged competitors had been busy with themselves, ERIC had been announcing new business on weekly or sometimes daily basis.
That came at a price as we know now. But getting hammered like that?
Must be lots of Mutual Funds offloading.
The question is how long it takes to recover that.
|Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|