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Technology Stocks : Nortel Networks (NT)

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To: Kenneth E. Phillipps who wrote (8643)11/17/2000 11:51:16 AM
From: WiseGuy  Read Replies (1) of 14638
 
This manipulation business has just gone too far. The precipitous fall over the past several days. The rumours. Now the appearance on CNBC to dish out the news. All seems very well planned and orderly. Isn't the news supposed to be released to all investors at the same time? Yeah right. The target price in the 20's just blow it all up. Surely, losing one contract cannot be grounds for going completely negative on the company? He must be smart enough to know that contracts must be considered in total - maybe NT is winning 9 contracts and losing just 1 ?? The inventory issue is a known one. Maybe, there's only 10% of the inventory that needs to be cleaned up - that can still be declared as inventory correction not over.

I'm wondering the MOTIVE behind the BofA analyst appearance on CNBC to dish out the news? It all seems very well planned. The SEC should investigate whether the analyst is getting any money from any source like short funds or NT competitors. I'm not complaining because I'm losing big time money. I'm complaining because of the fairness of the overall process.
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