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Technology Stocks : Nortel Networks (NT)

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To: Paul Shread who wrote (935)9/29/1998 2:02:00 PM
From: Kenneth E. Phillipps  Read Replies (1) of 14638
 
Before today's news, the dividend yield was .7%. What is the yield on a share price of 35.5? Bay shareholders watched Bay come back from 21.5 to 37 in about 3 months. What are the chances of that happening to this stock? We still don't have any news on how much earnings are affected. Maybe this is panic selling and we could get a good rebound. I also wonder whether BCE will view this as an opportunity to buy back stock.

Ken
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