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Technology Stocks : Nortel Networks (NT)

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To: Kenneth E. Phillipps who wrote (11727)9/6/2001 11:04:16 AM
From: bambs   of 14638
 
you must be getting tired of watching NT make new 52 week lows every few days for months....

As I said a year ago....NT is a $5 stock...

Hard to say if this is the bottom though...high debt levels could prove to be real trouble for NT in the coming years if margins are continuely squeezed and telco spending continues to crash.

Needless to say, I am not interested in becoming a NT shareholder, yet.

Bambs
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