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Technology Stocks : Nortel Networks (NT)

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To: Tunica Albuginea who wrote (9079)12/20/2000 12:59:16 PM
From: telecomguy  Read Replies (3) of 14638
 
I just looked at NMSS....talk about meltdown! The stock is trading at 250 million capitalization for a company with over $130 million in cash and revenue run rate of $130 million per year.

They warned for flat Q4 but this is ridiculous.....NMSS is on the leading edge of Computer Telephony & IP component board technology with blue-chip customers that are using their firmware/software to develop cutting-edge multi-media IP centric applications....

Surely the world is not going to regress and undo the Internet revolution?

NMSS is down from high of $80+ to $6 this morning....I think I will pick up a few thousand as a flyer and hope that the world doesn't go into a depression!
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