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Stocks L / LM Ericsson Telephone Co.

URL:  http://boards.fool.com/hi-all-kind-of-a-new-one-to-this-with-not-a-big-26001805.aspx

Subject:  Re: Down 25% in one day? Date:  10/17/2007  4:03 AM
Author:  sp2007 Number:  2780 of 2786

Hi all,

Kind of a new one to this with not a big experience and that for I would like your opinion on this.

I have an amount in cash to invest with a 1.5 - 2 year horizon. For such a time target I would be more than satisfied with a 20-25% return for this specific investment.

Wouldn't now be a good time to invest 1/2 of it in ERIC and wait a few days to see if it falls any deeper so that I can invest the rest 1/2 ?

It seems like a bargain being in 2 year low and of course it seems to be a stable and not what I call a "bubble company". But again I may be missing something important here.

Thanks in advance.

S.
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