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

To: Kenneth E. Phillipps who wrote (3096)	7/28/1999 12:55:00 PM
From: Bosco	Read Replies (1) \| Respond to of 14638

Hi Ken, Mr Fun & all - in respond to Ken's post, I think it depends on the duration of one's holding. Convergence [multiples in lockstep] and divergence at any given time are mere noise w/o other substantiating factors. Indeed, in this particular case, NT may outperform LU recently and there is plenty of room to move even closer still. However, it is also due in part whoever who wants LU possibly has a position already. So, this is a short term supply and demand type of things. Except for the May 98 debacle, I like what I see in NT. Maybe Mr Fun is right that NT was not as responsive to common holders b/c of BCE 50%+ ownership. I like to think she has learned the lesson in May 98, especially she is running with the big boys now! Case in point, between then and now, IR has been more responsive, leakage less noticeable and analyst's queries got answered. Anyone can stumble, only the good ones learn from the experience. In that sense, I'd give high marks to all three [even though I only have NT.] best, Bosco