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Technology Stocks : Nortel Networks (NT)
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To: Kenneth E. Phillipps who wrote (9649)2/13/2001 2:02:20 PM
From: Daniel G. DeBusschere  Read Replies (1) of 14638
 
<<Less than a year after selling Saraide Inc. to InfoSpace Inc., for $356 million
U.S. in stock, the investment by Nortel and others has plunged in value to
$40 million>>
NT and others just a little ahead of the timing on this - that's all. I would rather they be up front on some of this stuff instead of behind the curve. Market windows are too damn short to miss. I don't like the loss but I do like the NT management initiatives on this.
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