Nortel Networks (NT) Message Board

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Technology Stocks : Nortel Networks (NT)

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To: George A. Roberts who wrote (1102)	9/30/1998 12:31:00 PM
From: Kenneth E. Phillipps	Read Replies (2) of 14638

If you're not going to use PE and PSR to value the stock, what are you going to use? The value of a stock reflects the ability of the company to earn money over the long term, nothing more. If you're not going to use PE, then buy some internet content stocks with no earnings. The market gets hysterical in cases like this but you cant forget about earnings.

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