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Technology Stocks : Nortel Networks (NT)

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To: Techplayer who wrote (7970)10/30/2000 2:35:15 PM
From: Master (Hijacked)  Read Replies (2) of 14638
 
I had read somewhere that NT had a P/E ratio of about 40. DELL has a P/E ratio of 42 and GTW's is 39.

Some of the other FO stocks have P/Es of 200 and more. How can these donkeys' behinds say that NT is overvalued. It is suppose to be a growth stock yet it is trading below value of a more mature business such as DELL and it is trading at a fraction of other stocks in the same FO industry.

What am I missing here?
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