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Technology Stocks : Nortel Networks (NT)

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To: Kenneth E. Phillipps who wrote (5818)5/16/2000 3:56:00 PM
From: t2  Read Replies (1) of 14638
 
Lots of short covering also could be a factor although I think it was the wait and see how the spinoff unfolds that was the principal reason.
With the spinoff, it probably hit the short sellers' radar and we could be seeing some covering of some of those trades--especially in Canada.
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