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Technology Stocks : Nortel Networks (NT)
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To: elmatador who wrote (12957)6/15/2002 1:34:35 AM
From: Robert T. Quasius  Read Replies (1) of 14638
 
Yes, there is and always be infrastructure for telecommunications. However, when one factors in the long term growth rate for data communications, it should be apparent that by around 2005 there will again be a shortage of bandwidth.

Perhaps this will be sooner if local service providers get on the ball and put in the broadband a lot of consumers are demanding. There's still lots of areas of the U.S. where consumers can't obtain broadband at all (I know because I live in one of them!).

LU and NT both have sufficient cash to ride out a number of quarters of telecom recession.
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