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Technology Stocks : Nortel Networks (NT)

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To: Kenneth E. Phillipps who wrote (6842)9/15/2000 8:01:38 AM
From: SJS  Read Replies (1) of 14638
 
Snippet on NT this morning in the Market Comment as follows from Prudential:

Some of the truly positive things which got buried somehow being re-iterated and are now re-surfacing? Sounds like it.

Fine with me.
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"Nortel have raised their optical forecasts from $10bn to $12bn for this year. This sounds extremely significant and probably means a move back to the highs for many of the best names. Lucent is undoubtedly losing market share and value buyers in this name need to realise the legacy business has nowhere to go but down."
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