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Technology Stocks : Nortel Networks (NT)

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To: Daniel Simon who wrote (14607)3/8/2008 7:32:07 PM
From: Howard R. Hansen   of 14638
 
I suspect Nortel missing the analyst estimate for quarterly earnings contributed more to Nortel's sell off than the big non-cash charge. Furthermore this a bad time for companies that sell to telephone companies. Look at how poorly Alcatel-Lucent and Tellabs are doing. I don;t know if this is a good time to buy Nortel but if any one does he/she better have a lot of patience. From 2002 the last bottom in the stock market to the recent top in 2007 took 5 years and that is about the amount of time it will take to see if buying Nortel now is a good decision.

Howard
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