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Technology Stocks : Nortel Networks (NT)
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To: Cosmo Daisey who wrote (13495)11/30/2002 10:25:18 PM
From: Fishfinder  Read Replies (1) of 14638
 
yes I know .
I was sitting here looking at Nortel a month ago hovering around .80c; reading positive news release after news relaease.
Yes I was sittin here staring into the internet; the most incredible and important machine to dawn this planet.
Thats when it hit me right between the eyes that Nortel one of the biggest players that makes all this work is not going away.
I sold other PM holdings and jumped into NT with booth
feet.
Nortel and the internet has only begun to show how important it is going to be in our future and networking co's are going to have lots to do and lots of stuff to provide in years to come to keep up with our new cyber world. Including back up system after back up system to deal with the terrorist delemas we now face and will probably face for years to come.

Yes I love Nortel , but I am watching the market conditions as I don't want to loose any of the healthy gains I've established thus far this year. So I may sell if I feel a downturn in the wind.
Even so Nortel should be a stock that will suffer less than others now and especially as its bottom line improves as it is an item that will always be needed no matter what.
As far as it reaching$8-$10.00 on .TO again soon I don't know. I think the general market will have to continue bullish at least to 9000 dow and stabilize there. I'm not sure this will happen and neither do others.

HOPE SO

regards

scott
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