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Technology Stocks : Nortel Networks (NT)
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To: FESHBACH_DISCIPLE who wrote (8550)11/16/2000 4:10:23 PM
From: SoSo  Read Replies (1) of 14638
 
The only thing I don't get, FD, is if valuation based on high multiples is your issue then why aren't you focused on CORV, ONIS, SCMR, AVNX, etc. Or a plethora of other tech stocks. Shorting NT was obviously a good idea but what about at this level? If competition is going to intensify, would you rather be short NT or its small time competitors selling at over 100 times revenue?
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