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Technology Stocks : Nortel Networks (NT)

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To: John F. Dowd who wrote (7632)10/25/2000 5:27:11 PM
From: Hagar  Read Replies (1) of 14638
 
they fell short of top line by 2.7% and were punished or 27% loss of market cap. Seems like a very unreasonable reaction for such a small short fall

I think the issue is that the stock was priced such that this event was not supposed to happen.
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