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Technology Stocks : Nortel Networks (NT)

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To: Kenneth E. Phillipps who wrote (1538)12/8/1998 10:14:00 AM
From: csm   of 14638
 
Ken, anyone?

I can't track everything that NT does, but I have seen that Layer 3 switching is the fastest growing networking sector, and the following release showing NT leads in that sector.

biz.yahoo.com

Does anyone have a sense for how this Q is going and how BAY will contribute to NT's bottom line? I have been buying and am wondering how far to go with this. As long as earnings estimates keep climbing, as they are now, then this company is cheap. Do LU or CSCO provide additional info? LU has been hot but looks to me like CSCO might cool it for a while.

Thanks.

Stuart.
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