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: Paul Lee who wrote (4034)	12/27/1999 2:06:00 PM
From: t2	Respond to of 14638

The stock looks strong when you compare it to Lucent and Cisco. I remember what John Chambers in the CISCO said during their earnings conference call in response to which company he is keeping an eye on--lucent or nortel. It was pretty clear (although he said it was both) he was keeping an eye on Nortel. Any analyst/investor listening to that CC came out thinking that NT is a buy. I decided to buy it aggressively from that day forward. Now my number 2 holding.

To: Paul Lee who wrote (4034)	12/27/1999 2:12:00 PM
From: t2	Read Replies (1) \| Respond to of 14638

I can't image NT announcing a stock split before earnings release (are earnings out on the 15th?). When it is this close the end of the quarter, they would wait til at least the earnings release before such an announcement. Some companies want a gradual stock price increase. However, Nortel is moving more and more into the high growth fibre optics industry. THey cannot afford to let other high PE stocks like JDS Uniphase (or CSCO)scoop up smaller companies using their very high stock prices to their advantage. In my opinion, Nortel will use whatever means to increase their stock price in the near term and a stock split will surely help. good luck to all.