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Technology Stocks : Nortel Networks (NT)

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To: Kenneth E. Phillipps who wrote (4768)2/10/2000 11:39:00 AM
From: telecomguy  Read Replies (1) of 14638
 
If my memory serves me correctly, it's close 40% or even higher.

Sometimes I wonder if the market factors in NT's equity interest in all these high-flying Net companies they own.......probably not but NT is hedging it's bets and incubating all these new tech start ups in the telecom/Internet field so it can not only make a killing in the investment as a de facto VenCap but more importantly to understand where the technology and market is going.

Far better to do this right up front and own a piece of tech startups than to buy them for billions later on! Of course the trick is to back the right pony but if anyone can ferret out good start ups, NT can.
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