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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?


To: Lloyd R who wrote (3035)7/15/1999 11:44:00 PM
From: Paul Fine  Read Replies (2) | Respond to of 14638
 
Well, I am back from vacation, and glad to see NT at a new high. Still see a good chance of continued upward momentum taking us near $100 before the release of earnings on the 27th. The fact that we dipped below $90 this week, and then set a new high is very positive action; the scardy cats and profit takers have made their move, and the longer-term believers are now in until the 27th. Obviously, we need to meet/beat expectations($.50 EPS?) to continue the run-up after that, but it is looking good.

Paul