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Technology Stocks : Nortel Networks (NT)

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To: telecomguy who wrote (6364)7/31/2000 1:28:49 PM
From: Techplayer  Read Replies (1) of 14638
 
tg, In fairness to CSCO, NT paid the 52 week high for ATON which had just run up over 200% in 2 months, 40% since acquisition rumors were started 3.5 weeks ago. The price also represents a 20% premium over the pre Nasdaq slide high. This was no bargain and the ATON executives knew it. tp
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