Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kenneth E. Phillipps who wrote (3057)	7/20/1999 8:49:00 PM
From: Bosco	Read Replies (1) \| Respond to of 14638

Hi Ken, thanks for the article. In response to the article's dilemma - it's easy, really - Nortel Networks can swap the business for a stake of JDS Uniphase. OOH, NT can get out of the non core biz without losing the potential; OTOH, Uniphase will not have to put up any cash for a piece of the action. In the process, NT can also stake a claim on Uniphase's chips w/o disallowing the latter to sell them to others. If they can structure the deal tax free, all the better <G>! Back to the market, I don't like the smell of it. While I am still hanging on to everything, including my overweight of NT, this is getting too close to comfort. I really hope two things 1) NT is not in lock step with LU and 2) a sign of reversal tomorrow regardless of the market - even though I am hopeful that the market will reverse itself upon the conclusion of Uncle Al's Hawkin Humphrey testamony. best, Bosco