Nortel Networks (NT) Message Board

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Technology Stocks : Nortel Networks (NT)

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To: Paul Fine who wrote (2261)	3/19/1999 8:58:00 AM
From: Bosco	Read Replies (1) of 14638

G'day all - hello, Paul, always glad to know you are keeping vigilance. It is an interesting report. From the short term analytical perspective, presumbly Mr Luke is the expert. The question is on the valuation side of things. Evidently, LEH is determined to keep NT multiples not only to its peers but also to S&P500, even though it admits NT is a value play amidst the growth sector. Speaking of LEH, I got tripped by its ratings only last week when it downgraded PCS. Silly me, I thought that would draw a blow to the stock momentum and thus I sold my small position. The next day the stock broke out big on the upside, !@#$% best, Bosco

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