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Pastimes : Ask Mohan about the Market
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To: Link Lady who wrote (16578)9/30/1998 9:19:00 AM
From: John Hunt  Read Replies (1) of 18056
 
<< Northern Telecom Cut to 'Outperform' at Lehman Brothers >>

Hi Wendy,

Short term, Nortel is very oversold. The 10 or 12 day momentum is as negative as any time in the past two years.

However, I am not very good at playing 'catch the falling knife' ... so no target price, sorry.

John

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