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Technology Stocks : Nortel Networks (NT)
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To: hari t who started this subject4/29/2004 11:58:28 AM
From: Cooters  Read Replies (2) of 14638
 
Looks like NT held at yesterday's low, 3.80. I loaded the boat yesterday and this morning(at 3.80), expecting NT to have a significant UMTS/WCDMA ramp in 2005-2006. Reminds me a lot of Sprint PCS tanking in late 2002 and the top mgt team eventually being booted(though for different reasons).

Cooters

PS - I still expect Nextel to go with Flash-OFDM for broadband data and for them to choose Nortel as their network partner over their existing iDEN infra vendor, MOT.
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