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: Bosco who wrote (4116)	1/5/2000 4:05:00 PM
From: telecomguy	Read Replies (1) \| Respond to of 14638

No surprise.....when a stock goes up as quickly as NT over the past 6 months, it probably attracted lot of momentum players who overshot the stock and so now the market is shaking these momentum players and once it stabilizes with the long-term bulls (institutions, fund mgrs, people like us), it should form a basis for another hopefully gradual and controlled run-up to the next earnings report. As you say, shaking the Mo players is not necessarily bad for the long-term..........we don't want NT to be considered a high-flyer, unstable stock. Long term, it has oodles of potential if they execute some of their aggressive strategies to permeate the communications market with their products & software in the next decade. One thing I have to say, NT has really made huge strides in their marketing compared to the old days when they belonged to the PTT Gentlemen's club.