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Technology Stocks : Nortel Networks (NT)

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To: Cruiser who wrote (2133)3/5/1999 2:58:00 PM
From: jelrod3  Read Replies (2) of 14638
 
Cruiser, NT is undoubtedly a "value play" when compared to LU and CSCO. NT is a value play for a reason, and credibility may be a large part of the problem. But the underperformance of NT compared to LU and CSCO is striking. See the chart at:
techstocks.com

As a former BAY holder, I am now in NT...but thank goodness I hold large positions in CSCO and LU. The issue for me and for many others is whether to hang on, and keep hoping, or whether to sell and put the money into LU and CSCO. Your bullishness is something to think about, but the momentum money seems to keep flowing to LU and CSCO, as evidenced by the past year, and even the movement in share prices today.

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