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Technology Stocks : Nortel Networks (NT)
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To: t2 who wrote (5625)5/1/2000 4:22:00 PM
From: Kenneth E. Phillipps  Read Replies (2) of 14638
 
Market watchers are keeping a keen eye on retail investors, looking for signs of whether BCE shareholders will cash in on their Nortel windfall or sell their BCE stake.
A rush of either company's shares on to the market could drag down the stock's value.

"Institutional shareholders, in my view, have probably already made the adjustment," said Bob McWhirter, vice-president and portfolio manager at Royal Bank Investment Management Inc. "The retail clients probably have not.

Retail investors may consider Nortel a more technology driven company and a more volatile holding than BCE, some analysts suggest. However, they may also prefer
Nortel's market prospects as a supplier of the red-hot optical and wireless equipment, to BCE.

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