I am curious if any experienced traders here would consider a small bet on this well known name at these levels I know this sounds silly and I usually do not even look at stocks under $1. it seems like ERICY is going to allow shareholders of record on 8/13 to purchase an additional share at approx 40 cents ? so this looks tempting to me .... if I buy 500 shares next week I would have the right to an additonal 500 shares at an approx 50 % discount to fridays close? Ericsson Press Releases Ericsson sets terms for rights offering Date: Friday, July 19 2002 One share of series A or series B of Ericsson, held as of the record date of August 13, 2002, carries the right to subscribe for one new share of series B. The subscription price is SEK 3.80 per share. Equivalent terms are offered to holders of the Nasdaq-traded ADSs.