Nortel Networks (NT) Message Board

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Technology Stocks : Nortel Networks (NT)

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To: Kenneth E. Phillipps who wrote (1712)	1/18/1999 4:30:00 PM
From: james paterson	Read Replies (1) of 14638

Finally broke down & bought some NT today. Prior to now I've only made money with NT from the short side. I think their earnings will surprise on upside & more funds will be forced to buy more. Checked some ratios today: NT P/B 3.37-----P/S 1.89--Short 8.87 LU P/B 26.21 P/S 4.83--Short 2.33 CSCO P/B 20.11 P/S 13 --Short 1.9 It's pretty obvious that NT is'nt getting much respect from the Street. Unfortunately mgmt did'nt help their cause with the conference screw-up last year. The integration of Bay is the big unknown. If they are successfull I think they will kick ass. Any Bay people out there who have a feel for the bay integration? TIA. James

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