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Technology Stocks : Nortel Networks (NT)

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To: leigh aulper who wrote (724)9/15/1998 10:10:00 AM
From: Paul Fine  Read Replies (1) of 14638
 
NT Meeting:

As part of their press release re the 3500 job cuts, NT also said they will hold a meeting on 9/29 with analysts and investors. The way the stock is diving(down 1 pt after first 1/2 hour today), it should make for an interesting conversation, assuming there are any "longs" left after this on-going fiasco. Investors Business Daily now has NT with an Accumulation/Distribution rating of "E", which basically means even the rats have left the ship.

Paul
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