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Technology Stocks : Nortel Networks (NT)
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To: Michael Gaudet who wrote (4211)1/8/2000 9:03:00 PM
From: Kenneth E. Phillipps  Read Replies (1) of 14638
 
"If you sift through all the [Lucent] management explanations, what comes out of it is the market is moving almost entirely to 10-gigabit systems, which is almost entirely dominated by Nortel," said John Wilson, analyst at Bunting Warburg Dillon Read Inc. in Toronto.

"We believe Nortel's got a huge Q1 and Q2 in front of it," he said. "We think it's going a lot higher -- we have a $125 (US) target."

nationalpost.com
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