Nortel Networks (NT) Message Board

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Technology Stocks : Nortel Networks (NT)

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To: Bosco who wrote (7012)	9/27/2000 2:57:05 PM
From: t2	Read Replies (2) of 14638

Window dressing or tax loss selling affecting NT? Could be since many funds may have bought in the $70 to $80 range. To them it is a loss and are unloading now. In addition, these could be considered "weak hands" anyways since they probably did not have conviction to buy NT earlier. Looking for a bounce Friday or Monday. The closer we get to earnings, the bigger the rallies in NT, IMHO. When the good stocks get dragged down, they rebound much faster. Good Luck --fellow longs. BTW-- just notice Ralph Bloch is coming CNBC probably with his doom and gloom Naz scenarios. I guess my feeling of yesterday are still intact. Ron likes the negatives guys much more. I don't think he will be able to prevent a rebound today (i hope).

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