Nortel Networks (NT) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nortel Networks (NT)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kenneth E. Phillipps who wrote (9826)	2/16/2001 12:09:53 PM
From: William Hunt	Read Replies (1) of 14638

Kenneth ---90 % of the technology companies including ones that are a lot bigger are saying the same thing ---the economy is sinking and we are headed towards a recession . The FED tried to fight oil inflation last year by raising rates but kill the goose that had been counter balancing inflation ---productivity increases . Have not notice oil going down so the interest rates increase did not work ( Greenspan has no control over a commodity when it is control by a cartel ). He needs to lower rates and increase liquidity to restart the economy ( does not take a rocket scientist to understand this )if he wants to get inflation back under control . NT will be their just like the rest of the large tech caps. They need to cut another 15000 jobs out of the legacy business to bring costs and overhead down( do not wait until the legacy business dies ) plus spend a large amount on R & D to transform the photonic revolution they keep talking about . This way when the economy turns they will be their with the products and the margins to back them up . The worse thing they can do now is nothing BEST WISHES BILL

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next