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Technology Stocks : Nortel Networks (NT)

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To: mtnlady who wrote (7743)10/26/2000 4:21:20 PM
From: Kenneth E. Phillipps  Read Replies (1) of 14638
 
Lets put this in perspective. Both Nortel and Cisco are right where they were at the bottom of the tech dip last spring. I believe NTs low was 45 and Cisco's low was 50. Both stocks are excellent buying opportunities at their present prices and the market will realize that within the next 3 months. Just my opinion. Something that was overlooked in the frenzy was tnat NTs wireless infrastructure was up 56% over the previous year. Their growth in that sector is accelerating.
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