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Technology Stocks : Nortel Networks (NT)
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To: Ian@SI who wrote (8425)11/10/2000 3:59:45 PM
From: unix_daemon  Read Replies (3) of 14638
 
It will take a long time to build the internet.
It can also take an equally long time for stocks
to come back.
And who's building the pipeline? Mostly telcos.
They can't borrow money; the bond market is turning
away. Where will the money come to lay the 'net
pipeline? Right now the suppliers, like NT,
are heavily into financing. NT may have 'optical'
expertise, but they certainly _do_ not have
lending expertise.
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