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Technology Stocks : Nortel Networks (NT)

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To: John Paquet who wrote (11114)7/18/2001 1:52:03 PM
From: Frank Pembleton  Read Replies (1) of 14638
 
Get Set for Buying Spree, Analyst Advises

Peter Brieger
Financial Post
Wednesday, July 18


Investors should quit hoping for an immediate market recovery and instead prepare for a buying spree when the current bear market hits bottom in the fall, says Nick Majendie, portfolio strategist with Canaccord Capital Corp. in Vancouver.

Meanwhile, Canaccord sold half its Nortel position last week, at a loss, and expects to dump the rest later this month or in August.

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