Nortel Networks (NT) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: OrionX who wrote (12848)	5/30/2002 3:45:56 PM
From: Dexter Lives On	Read Replies (1) of 14638

Well the stock continues to print new multiyear lows, so I'm not sure anyone is being too pessimistic. Doing well is a function of where one gets in and where one gets out. I view this as a speculative survival (possibly takeover) play and consequently I wouldn't hold it as a LTBH. If there's a summer/fall rally though it could be a decent 4-5 month play. The fact that it's approaching my $3.25 buy target so quickly (I thought it'd be later in June) is giving me pause. I find it scary how far it's fallen in such a short time. A rational analysis of the price action would suggest the company will not survive as an independent. Acquisition by a strong suitor is the best hope, as far as I'm concerned. JMHO. Rob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next