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Preopen Trading: No Clear Direction Emerges in Telco Aftermath
Telcos grabbed attention in international markets as well as preopen trading on Instinet with Nokia(NOK Quote) getting a bid of 49 1/2. It closed Thursday at 48 1/4.
Goldman Sachs overnight put Nokia and Ericsson (ERICY Quote) on its recommended list.
The movers in preopen trading were a mixed bag, with Unisys(UIS Quote) up 1/4 to 15, Eli Lilly(LLY Quote) down 1 1/2 to 101, Compaq(CPQ Quote) getting a bid at 25 and Pharmacia(PHA Quote) fetching 50 5/8. ...
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