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Technology Stocks : Nortel Networks (NT)

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To: Kenneth E. Phillipps who wrote (2103)3/3/1999 1:19:00 PM
From: Bosco  Read Replies (2) of 14638
 
G'day all - Ken, I believe today is an ex-d day. Still, while the market is not great, and the volume is not particularly worrisome, the amount of drop [on NYSE anyway] is indicative of the specialists' refusal to support the stock. I am hoping this is just a head fake, but knowing how the big boys sniff out rumour before us small timers, we shouldn't write it off as simply a currency swing, especially when NT is a multinational.

A bit concerned, but no yet panic, Bosco
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