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Technology Stocks : Nortel Networks (NT)

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To: Sawtooth who wrote (698)9/14/1998 11:05:00 AM
From: Paul Shread   of 14638
 
Thanks, Tim. Awfully high volume today not to be going anywhere. What does the thread make of this churning? A bottom or a prelude to further selling? This looks an awful lot like January, when we drifted under $40 and then soared back after meeting estimates. The market seems to have no faith in NT whatsoever, which is probably a positive right here, IMHO. Gives us a lot of upside after another good quarter.

Paul
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