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Technology Stocks : Nortel Networks (NT)

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To: Martin Goldenberg who wrote (3226)8/25/1999 11:36:00 PM
From: Paul Fine  Read Replies (1) of 14638
 
A good day for NT, and the sector overall. Nice delayed reaction to the Fed's move(and removal of uncertainty). Also pleased to see resurgence in volume. I guess most folks received confirmation that their "distribution" shares were in their accounts and available to trade(or use for margin on the buy side :) ). Would feel more secure if we see similar volume over the next few trading days, and hold at or above $45+ at the close.

Paul
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