Thursday, October 18, 2007

Sharp Drop In The Ericsson Share Price

Sharp Drop In The Ericsson Share Price in the yesterdays trading session due to poor earnings show and weak future guidance clearly vindicates the fundamentalist point of view that no matter how irrational stock markets can get, company's results and future outlook still commands respect from the markets. It's therefore in one's own interest to be extremely vigilant about the company's performance and future outlook.