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Technology Stocks : JDS Uniphase (JDSU)
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To: Tunica Albuginea who wrote (19884)3/30/2001 2:24:35 PM
From: t2  Read Replies (2) of 24042
 
TA, I would think NT, GLW types of stocks are set to bounce next week. They might be great trading buys.

How bad can things get for NT from here. Surely, the will be able to outbid Lucent for most projects as Lucent has so much debt servicing costs.

I like the prospects for NT at some point this year but can't pull the trigger on it yet, even though it may be the best bargain out there.

I still think that part of the growth in stocks like Ciena, NT and even Cisco was directly a result of Lucent's failures. The lost business by Lucent (actually rapid deterioration last year), made everyone else's growth seem more than it really would under normal market conditions.
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