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

To: Kenneth E. Phillipps who wrote (3557)	10/26/1999 11:06:00 AM
From: Bosco	Respond to of 14638

Hi Ken - it is not entirely the fault of the analysts collective that the sheep choose to believe in them uncritically. There is analyst and there is the AX. For example, Mr Noel Lindsay, who is no longer in the business, was an great AX. CFBS [Chris something?] has made good calls. If indeed one is to use 1st Call or Zacks average, one gets what one's looking for! Regarding LU or CSCO, you and I ve our differences, they are great franchises, if I were a momentum person, they would be great investment. I bought BAY, and end up with NT, b/c of my value betting tendency. So, I guess even a clueless person like me can get lucky now and then <VBG>. Mind you, Noel Lindsay did make good calls [positive as well as negative] on BAY. So, the conclusion? Broad brush can't paint details. best, Bosco

To: Kenneth E. Phillipps who wrote (3557)	10/26/1999 2:16:00 PM
From: Beltropolis Boy	Respond to of 14638

if you'll excuse the intrusion, my first post to the board. if i had to think about it, i guess i'm here via Applied Micro Circuits (AMCC) and thought i might tune into the CC. dig a wee bit o' digging, saw this in the Citizen and thought it might interest the board. ----- Nortel mulls chip plant for Ottawa region Would employ 2,000 Bert Hill and James Bagnall The Ottawa Citizen Monday, October 25, 1999 nationalpost.com OTTAWA - Nortel Networks Corp. is shopping for land for a major chip design and manufacturing facility in Kanata, Ont., near Ottawa. Several real estate firms have confirmed the company is considering building a 300,000-square-foot plant to make sophisticated chips used in telecommunications products. The facility would employ more than 2,000 people. The plant would probably take over semiconductor production from Nortel's 1,300-employee operation in Nepean, Ont. Merle Nicholds, mayor of Kanata, said through a spokesman she was not in a position to confirm the reports. Nortel spokesman Paul Hornbeck said the company has not made any decisions. At least four major high-tech companies are looking for land to build about 750,000 square feet of space, including Nokia Oyj and International Business Machines Corp. Entrust Technologies will build a $25-million building in Kanata to house 500 employees by late next year. Demand and prices are soaring for high-end semiconductor products and suppliers such as Nortel and U.S.-based Lucent Technologies Inc. are trying to capture a bigger share of the market. In order to retain its position as one of the world's leading suppliers of telecommunications equipment, Nortel chief executive John Roth is attempting to reinvent the company, changing it from a traditional supplier to phone companies into a hybrid that combines the size and reliability of a telecom supplier with the agility and innovation that characterize the new Internet-based data equipment companies.