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


To: Kenneth E. Phillipps who wrote (3258)8/31/1999 7:57:00 PM
From: Stocker  Respond to of 14638
 
True, but Cramer's trade was just that.....a trade. He would have likely sold his shares had the stock gone up a buck from his buy price. I think you can't read too much into that. There are a lot of fund managers doing the same thing at any one time.

As for NT vs. Cisco - NT has gotten quite a bit of new business lately, not a big $1 billion plus contract but many smaller ones. The results will be in their earnings. Patience my friend.

I would love to find out just how much was involved in the AT&T deal. With cost savings to AT&T of $900 million, the contract must be in the several billion $ range.