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

To: telecomguy who wrote (4449)	1/26/2000 11:52:00 PM
From: jack bittner	Read Replies (1) \| Respond to of 14638

hello telcomguy, i think float means the number of shares not controlled by insiders not the number outstanding. if i am correct, this increases the float. regardless of terminology, until now 37%, that is about 500,000,000 shares of nortel were controlled essentially by Jean C. Monty, CEO of BCE and his board of directors. now, thousands of people will call their shots on their shares. some will sell for whatever personal reason, some big speculators like Merrill Lynch, Morgan Stanley, Goldman Sachs will unwind their arbitages on BCE/NT. some fraction of those 1/2 billion shares will be sold, while before none were on the block. that is uncertainty, and wall street hates uncertainty. i am going to wait till the smoke clears. you are certainly correct that this has zero impact on nt's business outlook. someone on lu thread asserted that nt buys the optics for its OC-192 installations from lucent. i was astonished, and find it hard to believe. do you know anything about this, telcomguy?

To: telecomguy who wrote (4449)	1/27/2000 12:42:00 AM
From: mtnlady	Read Replies (5) \| Respond to of 14638

Gee I wonder if this could have the reverse affect.. i.e. folks now receive BCE and NT shares and sell the BCE but keep the NT! I know I would. AND (!) I wonder how many folks who have bought BCE over the last few months did so to get at the NT shares or for BCE? Again.. I bet most bought for the NT with the nice little 'dividend' of the BCE. I would sell the BCE and keep the NT myself. Unfortunately this market sees everything in the negative right now... Just an 'ignorant' side note.. I don't follow BCE in the least. I came to Norty via Clarify and LOVE NT! But I just have to wonder about the chairman of BCE. Here is their most successful value generating vehicle in their company (i.e. the NT shares) and the guy goes off and sells it! AND (!) dollars to donuts this whole thing blows up in his face (i.e. watch those folks sell the BCE shares they receive!). It reminds me of the farmer who ate his seed corn and then wondered what happened to his crop the next year.

To: telecomguy who wrote (4449)	1/27/2000 3:33:00 AM
From: Jamie	Read Replies (1) \| Respond to of 14638

To all, This love affair that all of you have been having with Nortel is the same love affair that BCE shareholders are having with BCE. I get the feeling that you are assuming these BCE shareholders (remember they feel the same about BCE as you do about Nortel)have a mindset to sell their #1 stock in their portfolio, and buy Nortel. Why? Yes, Nortel is a great company, a leader in its field, but have you looked at BCE's holdings and its chart for the past couple of years. I think it's great news for both.