SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Clay Takaya who wrote (10445)3/28/2001 10:45:40 PM
From: WiseGuy  Read Replies (1) of 14638
 
Let me just point out a few positives buried deep in the sand of bad news.

1) NT's earnings estimates are coming down substantially with several analysts already setting nil earnings for 2001. This provides a low base for NT to move on from here. Let's hope that JR has learned his lessons in managing the street and doesn't significantly raise estimates every time there's a good quarter.

2) NT is still the perceived technology leader, which is why the market took such big hits today. The fear is that if the leader has tanked, then every one will shortly follow. This was exactly what happened after the Feb 15 warning. If it is still perceived as the leader, it will have lots of strength to the upside once the economy improves. This is significant because you don't want to be in a company that won't bounce when everyone starts to move up.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News