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Technology Stocks : Nortel Networks (NT)
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To: zbyslaw owczarczyk who wrote (7767)10/27/2000 12:53:07 AM
From: Bob Kim  Read Replies (1) of 14638
 
I attended a presentation by the fund manager of two ML growth funds and he noted that he started dumping his NT in late September and was completely out a couple weeks ago. Some of his concerns were the reliance on telcos as opposed to corporate business and the increased amount of financing NT was providing to close deals. At least one NT competitor apparently suggested that NT was among the most generous with financing. He was bullish on CSCO.
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