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Technology Stocks : Nortel Networks (NT)
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To: R.S. Blum who wrote (7230)10/10/2000 1:29:18 PM
From: Ian@SI  Read Replies (1) of 14638
 
Don't you suspect that the market is betting on less than $10B revenues given the selloff from $89 down to $64.

That's more than 35% just to get back to the old high.

It would seem to me that the street has priced a slower growth rate into the stock. If NT comes anywhere close to $12B; and, reaffirms its growth rate; I'd expect a strong rally after the 24th.

JMHO,
Ian.
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