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Re: extelecom post# 201907

Friday, 02/06/2004 6:59:28 PM

Friday, February 06, 2004 6:59:28 PM

Post# of 704044
ericy's move in the premrkt to $27 i thought was too much for 16bil shr outstanding ...got it to pull back for 70c after the open and a little later on profitaking .

Sometimes in the premrkt , some of these big boats get moved up too far in the early trade given the outstanding shrs & mrkt cap . Ericy has 50 time the shrs outstanding than BRCM,
for instance, so got a little on the short side missing the move up .

quite a come back story for Ericson this past couple of years ,
the longs were pretty relieved to say the least .
http://stockcharts.com/def/servlet/SC.web?c=ERICY,uu[h,a]waclyyay[pb50!b200][vc60][iUc20!La12,26,9]&...




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