ERIC did not disappoint again. The loss was wider than expected but margins improved.  The market is taking its quarterly report as a sign that the Industry woes are over and a modest ramp up can now be had.

ERIC and NOK both rallying on that hope. That said, ERIC's situation is not to be envied, still deep in a hole.

Lightreading's take on the quarter:

lightreading.com/mo...37467?