SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jack bittner who wrote (7039)9/28/2000 10:03:14 AM
From: The Phoenix  Read Replies (2) of 14638
 
While I agree with your assessment of NT I don't agree on LU. We shall see.. Remember - buy low/sell high. LU is down - no doubt about ... looks bad... no doubt about it... that is precisely when to buy a company that has a strong franchise. LU is far broader than optics. I continue to hear the same droning here from NT bigots - that if you're not in optics then you "suck". Yes, optics is what makes NT great. God knows they not executed anywhere else...so by NT's definintion I suppose the only way to succeed is to have a stong optical portfolio. Guess what! There are other technologies and markets outside of optics. Really! There is! Furthermore, I think it's shortsighted to assume that LU wil continue to fail in the optical market.

Two key things to note about LU. First they have a first class opto-electronics/semi business which they're going to spin off. THis business rivals that of NT and JDSU. JDSU's cap is over $100B. LU in total is now worth under $100B. LU also has a fiber business that is as good as GLW's. GLW has a cap of about $90B+ (it's pretty volatile). I would guess that LU's should be worth that or mayby a little less. LU is spinning off the slow/no growth telecom products to AVAYA. That will clean things up greatly. Yes, LU hasn't execucted in optical network elements at 10G... but they running hard at OC768.

Like I said , I think it's shortsighted to assume LU isn't a good investment at a cap of $100B. I would suggest that they are probably an easier double than most companies in this sector - certainly a better chance of it than CSCO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News