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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.79+0.6%4:00 PM EST

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To: t2 who wrote (80852)7/25/2001 5:26:47 PM
From: Art Bechhoefer  Read Replies (1) of 99985
 
You should have included Corning (GLW) as a potential come back stock. Of all those mentioned, Corning has the lowest debt and some of the best technology. Plus, it now appears to be buying the Lucent interests in China, which is the fastest growing market for fiber optic networks.

In this connection, Nortel recently got a contract with China on wireless equipment for China's rapidly expanding CDMA wireless networks. Nortel being a Canadian company does not carry the stigma of some American companies, which have to contend with some of the most anti-business foreign policy relations between the U.S. and China since the end of World War II.

Lucent, due mainly to questionable management leadership, is a real basket case.

Art Bechhoefer
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