Nortel Networks (NT) Message Board

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Technology Stocks : Nortel Networks (NT)

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To: hari t who started this subject	10/24/2000 8:08:42 PM
From: bambs	Read Replies (3) of 14638

I can't believe you people are surprised by this? NT only makes a proforma profit. They erode shareholder value. From a shareholders perspective they lose money. Where is the bottom on a stock with a 3 billion float? A 200 Billion market cap? No real profits for shareholders to share in? Declining margins? Priced for perfection in slowing growth sector? Vendor financing issues? My two year target on NT remains at $20. Sure it may bounce off $45 or $50 tomorrow. They will spin it in the media and tell you everything is okay. Well the news is that it ain't. The same dumb people that bought NT at it's high or didn't take profits will sell this thing down to $20. They didn't get it then...they don't get it now and they won't get it for years. Bambs P.S. where is that telecomguy that is always hyping NT on all the chat boards? I think he has some explaining to do.

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