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


To: llwk7051@aol.com who wrote (4173)1/6/2000 9:46:00 PM
From: Bob  Respond to of 14638
 
Nortel was trading at an average of $77 to $79 U.S in after market trading with small trading below that.

This represents an approximate 27.5% correction from the high. Its a rare opportunity to get a quality company and analyst favorite like Nortel at such a steep discount. Most of the street has targets between $115 and $120 and the earnings model and growth rates are sound according to the latest news release tonight.

I'll be buying this one tommorrow !!!!



To: llwk7051@aol.com who wrote (4173)1/6/2000 10:38:00 PM
From: Lalit Jain  Read Replies (1) | Respond to of 14638
 
Robert,

Nortel will do just fine. After this initial downturn tomorrow, I would expect Nortel to rebound strongly. I would consider this a buying opportunity.

Regards, Lalit Jain