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Technology Stocks : Nortel Networks (NT)

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To: telecomguy who wrote (5088)3/22/2000 6:23:00 PM
From: RetiredNow  Read Replies (2) of 14638
 
It sure is turning out like I said. 2000 will go down as NT's year. I'm glad I bought some. Interestingly enough, Telecomguy, it was all the backlash you got from the Cisco thread that made me take a deeper look into Nortel.

I think what makes the Cisco thread dislike your posts is that you seem to be anti-Cisco. I am not in love with any company, that's why I hold both Cisco and Nortel.

I'll tell you what though. If Nortel can clean up their cashflows and income statement and actually start making money, I bet the stock will explode as investors start assigning Nortel a similar PE to Cisco's. Hopefully, that happens in the next few months.

Cheers and good luck!
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