Nortel Networks (NT) Message Board

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Technology Stocks : Nortel Networks (NT)

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To: ELH1006 who wrote (13732)	2/3/2004 12:12:19 PM
From: t2	of 14638

$10 is ok for the st investor; I am holding for $20 on 1/2 and $30 for the other 1/2. I now have a cost basis of zero so time is not a concern, unless more than a year away, lol. It looks like NT wants to take a bit of a rest before the next move higher. I am hoping to get the opportunity to add some more near term on a pullback. Well it can go to $20 if they start improving margins/sales to earn about 15 - 20 cents/share....not so far fetched if business momentum keeps picking up into year end. The stock is still a bargain and it seems to be outperforming the smaller competitors like Ciena for example. I guess customers are going to the big companies like NT and that trend is probably going to continue. NT has a great chance for further market share gains. I hope you get your $20/$30. I am will be cheering you on. LOL.

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