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Technology Stocks : Nortel Networks (NT)

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To: hari t who started this subject	10/26/2000 9:16:28 AM
From: Condor	of 14638

Nortel Networks Corp NT Shares issued 1,421,568,571 Oct 25 close $71.55 Thu 26 Oct 2000 The Globe and Mail reports in its Thursday, Oct. 26, edition that at least one analyst was not spooked by Wednesday's downward sweep in the shares of Nortel Networks. The Globe's Tip Sheet column reports that Gerard Klauer Mattison & Co. analyst, Charles Disanza, raised his recommendation to "buy" from "outperform" and his 12-month price target to $83 (U.S.) from $75 (U.S.) a share. Nortel closed Wednesday at $45 (U.S.) on the New York Stock Exchange and $71.55 (Canadian) in Toronto. (c) Copyright 2000 Canjex Publishing Ltd. stockwatch.com

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