Nortel Networks (NT) Message Board

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Technology Stocks : Nortel Networks (NT)

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To: Bosco who wrote (2975)	7/3/1999 2:57:00 PM
From: Martin Goldenberg	Read Replies (2) of 14638

I've been optimistically looking for $100-$105 per share by end of July. I think NT will surely hit at least $110 by end of the summer (even if my short term prognosis does not happen). NT appears to be nicely catching up to comparable valuations of LU and CSCO. Anybody do a calculation to determine what NT's share price should be to bring it in line with LU's earnings per share ratio? Also bought some LU last week at $65 to diversify a bit in this sector. So far it appears to be paying off. LU is now in the $70's. Looking for $85 per share in the short term. CSCO appears to be very richly priced at the moment so I would be a little leery about buying in the short term. CSCO just came off a split and may be at a short term high. Thoughts? All the best, Martim

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