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Technology Stocks : Nortel Networks (NT)

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To: William Hunt who wrote (9732)	2/15/2001 10:30:31 PM
From: Hector	Read Replies (1) of 14638

"The future begins now for networking companies, which is bad for Nortel (NT:NYSE - news) and good for Ciena (CIEN:Nasdaq - news), judging by Thursday's action" It's funny isn't it? A couple of years ago when CIEN was at 10, I recall the same doom and gloom that I see now for NT. It appears to me that CIEN is wildly overvalued even after coming down from its highs. NT is probably dead money for the next 6 months, but to me seems to have better upside performance potential over the next few years.

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