Nortel Networks (NT) Message Board

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Technology Stocks : Nortel Networks (NT)

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To: gdichaz who wrote (1699)	1/17/1999 4:15:00 PM
From: mauser96	Read Replies (1) of 14638

Long term investors should be glad that NT is overlooked. It gives us a chance to buy at lower P/E ratios. The stock market is all about expectations, so the lower they are the more room for upward price movement. With the P/E that LU has, can you imagine what will happen at the slightest earnings disappointment. NT also has the potential kicker of BCE selling it's share. The big BCE stake is a good reason for competitor carriers to avoid purchasing equipment from NT. Letting NT be 100% independent is a no brainer but CEO ego may keep it from happening. Look at the benefits of the AT&T - LU spin off.

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