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Technology Stocks : Nortel Networks (NT)

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To: Ian@SI who wrote (9969)2/19/2001 7:14:02 PM
From: Bosco  Read Replies (1) of 14638
 
Hi Ian - LOL! I know, we should use better technical indicators <g>. That is the reason why I ve decided to sell the rest of my shares. Accepting the guest of W$W, the fund manager of Pimco Innovation fund [?] premise, FO will not be the 1st to revive. Specific to NT situation, even if funding suddenly appeared tomorrow, there would likely be skepticism of its guidance. Of course, I am sure Mr Roth is probably setting up a swat team for that purpose. Too bad this is the 2nd time in the span of 6 mos it shows its weakness in its management reporting function. I think the Street will wait for it to beat est for a few Qs before it will jump back in with both feet.

I will make my last post if and when I unload my remaining shares of NT

best, Bosco
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