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Technology Stocks : Nortel Networks (NT)

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To: Bosco who wrote (4049)12/27/1999 10:34:00 PM
From: t2  Read Replies (1) of 14638
 
The stock is developing a lot of momentum. It is a hot stock. It the stock that Lucent and Cisco shareholders want to be in. It will become a favourite among fund managers and will continue to go up. Lucent appears to have run out of steam. A lucent shareholder has to think---i want to be in the sector decide which company is better positioned between the 2. Right now the consensus is Nortel.
In addition, the red hot fibre optics sector is also pushing up NT's valuation.

You will be surprised how much this stock will go up before the earnings release.
I am looking to add BCE as well---41% interest in NT. Actually, i am looking for BCE stock and in the money call options looking out 3 to 6 months..

Good Luck.
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