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Technology Stocks : Nortel Networks (NT)

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To: Clay Takaya who wrote (10445)3/28/2001 7:04:40 PM
From: zbyslaw owczarczyk  Read Replies (1) of 14638
 
if Sagawa prediction are so good why he was pushing Lucent
all the time on its way to 10$ ? (LOL)
He naively thinks that telecom spending is independent of economy abd % rate what is wrong.
Once % rate satrt to push economy by fall, he will be first to predict increase in capex.
Since BOD of ATT and WCOM just wfew weeks ago approved capex for 2001, I am now surprised that was little orders until recently:

"``We're starting to see a few encouraging signs, but we'd like to see those encouraging signs extend for several
weeks before we call it a trend. And that's why we're not prepared to issue a formal forecast for the balance of the
year.''
dailynews.yahoo.com
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