Hi t2 - thx for your explanation, although, the BCE and NT situation is old news, which has nothing to do with our present predicament. Different people have a different take of the situation. Still, I share your bullishness, albeit in a much much milder form. If p/e below 100 with great growth is a great buy, how does it make it for p/e of say 17 with a good growth outlook [I will try to avoid plugging my recent acquisition though :)]? Don't get me wrong, NT is a franchise, so in my book she deserves a rich price. Richer even! Would others agree with me? Dunno!
One thing going for NT, even though she is a tech stock, is that she is on NYSE. Since Naz is the one taking the most hit, my guess is that NT is less guilty by association. Still, technically, the sheer sell volume will impede the upward mobility for the time being
Just my take
best, Bosco |
