Nortel Networks (NT) Message Board

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Technology Stocks : Nortel Networks (NT)

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To: Techplayer who wrote (5159)	3/27/2000 7:52:00 AM
From: Gregory Rasp	Read Replies (2) of 14638

Right now, with LU valued more in line with growth numbers, acquisitions are very expensive. Agreed. That is the worst thing about falling behind in optical right now. It gets your stock pummelled. Then you don't have the 'currency' to make the acquisitions necessary to continue on with next generation lasers, etc. It puts enormous strain on your R&D department at just the time your top scientists and engineers are probably thinking, "Why am I working here with crumby stock options, when I could be working for XYZ corp?" Now I will grant that LU's stock has been a great performer until recently. I am just saying that it has missed the lion's share of the optical stock appreciation we have witnessed lately. GR

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