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Technology Stocks : Nortel Networks (NT)
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To: MikeM54321 who wrote (10384)3/22/2001 6:21:33 PM
From: zbyslaw owczarczyk  Read Replies (2) of 14638
 
Mike "Right now, Nortel trades at 1.5 times this year's revenues, and 1.3 times next year's revenues. Those numbers have got to
come down," says a New York-based hedge fund manager who has no position in Nortel. "They can't grow by 12% this year
and then another 22% in 2002. I just don't see it happening."

and who said it : "New York-based hedge fund manager who has no position in Nortel"

this is favorite statement from Moritz of Street.com
of course hudge fiunds are interested in talking down any company they have short interest in.
Moritz thinks that everybody is a moron I will belive that unknown hedge fund manager really has no position in the stock he is talking down.
Only LP belives in what is said in media, specially when he has no position in XYZ company.

ZO
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