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: SJS who wrote (4405)	1/26/2000 8:48:00 AM
From: SJS	Read Replies (1) \| Respond to of 14638

Our second upgrade: ___________________ 08:29 ET Nortel Networks (NT) 108 7/8: --Update-- Merrill Lynch upgrades telecom equipment company from near-term accumulate to buy after strong Q4. They raise FY00 estimate from $1.24 to $1.28 and introduce FY01 estimate of $1.65, new price objective is $135. Merrill says: NT is the global leader in the optical space. If you need one specific reason to own this stock, optical is it. For the same reason you might own Cisco for IP, or Nokia for Wireless, you should own Nortel for exposure to the booming optical market.