Nortel Networks (NT) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nortel Networks (NT)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: hari t who started this subject	9/26/2000 5:13:29 PM
From: bambs	Read Replies (2) of 14638

I think we will see NT back at $20-25 with in 2-3 years. Slow down in telecom, slow down in the economy, and they don't even turn a profit. Seems to me that this stock has seen it's better days. Like my call on CSCO in April, I think NT is now dead money for the next 5 years. That's dead money with a downside risk. I think we will find that the telecom party is over. Nothing left but the long bounce down. I can't believe that NT makes up 37% of the TSE 300. I sure wouldn't want to be investing in that index fund! Best of luck, Bambs P.S. Consider hedging with leap puts.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next