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Technology Stocks : Nortel Networks (NT)

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To: Judy who wrote (804)9/18/1998 6:29:00 AM
From: Bosco  Read Replies (1) of 14638
 
G'day all - Dear Judy, yes, being traded on the Toronto Exch will have an impact [vulnerability, as you aptly put it in this situation] to the stock [Btw, does anyone know if it is also traded in London? If so, there should be some indication whether there is something more to meet the eye for today.] Agreeing with Paul F, I do not see broker margin calls were the culprit. I agree with you, something is wrong. It could be real [leak] or imaginary [unsubstantiated rumour,] the sooner it is out in the open, the sooner the stock will stabilize [retrace back to the next support level up or down.]

Right now, there isn't much more to say but to sit tight.

Addendum: this piece from Reuter doesn't add a lot whole as most of us have known and I doubt those who wheel a bigger stick [or position] are that stupid <sg>

biz.yahoo.com

best, Bosco
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