Nortel Networks (NT) Message Board

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Technology Stocks : Nortel Networks (NT)

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To: Kenneth E. Phillipps who wrote (9826)	2/16/2001 12:03:42 PM
From: Bosco	Read Replies (1) of 14638

Hi Ken - I ve sold 75% of my NT. While I do not blame mgt to revise the #s asap, I think CSCO did handle the situation better by stepping down the expectation. The announcement last nite is such an above face that it is getting everyone flat footed. More troubling is the technical behaviour of the stk yesterday. Some people here, including myself, has noticed the intraday reversal. That is on top of a 52wk low set the day before. However, being a NT bull that I was, I ignored the signals. So, I blame myself for my predicament. That said, I think NT could have done us outside shareholders a favor by guiding down the #s gently so people wouldn't have such a violent reaction. best, Bosco

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