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

To: SJS who wrote (4365)1/25/2000 6:58:00 PM
From: t2  Read Replies (1) | Respond to of 14638
 
Steve, I believe that trade at 105 was just what they call a composite trade prior to the halt. It happens all the time. Remember the day Lucent warned. Next day some reporters were reporting that despite the earnings warning, the stock was up.
They gotta show some consistency.

This stock was around 102 5/8 at 4 pm.

Congrats. We should have a great ride tomorrow and the days to come. I doubt many will want to take profits in NT, which has turned into a winner. Great Revenue and earnings gains.



To: SJS who wrote (4365)1/25/2000 7:01:00 PM
From: t2  Respond to of 14638
 
Actually i forgot to make mention of all those that had either sold this stock or shorted in the last little while expecting the same kind of problems experienced by Lucent even if the earnings were in line.

NT is going to start a new major uptrend. After the initial profit taking in the morning (maybe around 110 plus) balanced by short covering.
It should be a steady gainer after that point.


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