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Technology Stocks : Nortel Networks (NT)
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To: David Hansen who wrote (12144)12/23/2001 9:53:47 PM
From: t2  Read Replies (1) of 14638
 
I was very surprised about NT's results. Could be that we've seen the worst already?

I think so.

What is more important is that no one seemed to have any hope left in this company prior to their Friday update; for that reason I think it is totally washed up right now...I feel that it is one stock that can be played for a short term trading rally. The big funds probably are out of it long time ago...and that means it has bottomed out, imho.

At least it seems to be a low risk short term trade.

JMHO of course.
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