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: John Paquet who wrote (10897)6/21/2001 9:24:47 AM
From: Dan Hamilton  Read Replies (2) of 14638
 
I don't disagree that we may see another rally soon, maybe right away. So you can certainly play NT for a bounce. But I do believe we will retest the April lows at some point when it becomes clear the recovery, especially for telecom is not until 2003.

I think Nortel will survive, although it is quite possible they could be acquired or merge during the consolidation wave that is yet to sweep the sector. Depending on when that is (and how distressed Nortel's stock is), it might not be a premium from today's prices.

I don't own any Nortel, but if I buy any, I will average into a position slowly over the coming months.
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