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Technology Stocks : Nortel Networks (NT)

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To: bambs who wrote (8601)11/17/2000 12:55:54 AM
From: Bong Lewis  Read Replies (2) of 14638
 
bambs, you are right about the (bear) market so far. i have
noticed you keep warning about the tech high valuation since Nasdaq above 4200 and NT above 60 (not long ago). now nasdaq 3000 and nt below 40 with the rest of most techs.
for people who listen to you not buying overvalue stocks and
cautious about overvalue market, to them, you are a good guy. anyway, i just bought some NT today. I saw massive
insider buying lately, and buying a quality NT at 35 is much
beter of than it was few months ago.
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