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Stocks L / LM Ericsson Telephone Co.
|Subject: Re: Down 25% in one day?||Date: 10/17/2007 4:03 AM|
|Author: sp2007||Number: 2780 of 2786|
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.
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