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Technology Stocks : Nortel Networks (NT)
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To: Jeng Chiu who wrote (1101)9/30/1998 12:27:00 PM
From: George A. Roberts  Read Replies (2) of 14638
 
If I were a new investor in telcom I would not use NT's low pe as a key to buy it. Three or so years back I used pe and psr to buy Bay net instead of the Cisco,,,,and it was a huge mistake. I think Lucent or Cisco would be a much better buy short term, intermediate term, long term ,,,any term than NT. NT is not the leader and is a Canadian company so currency differences must also be factored into the equation .
George
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