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: Mare Britton who wrote (4529)	1/27/2000 3:31:00 PM
From: dav	Read Replies (1) \| Respond to of 14638

When will NT split ? thanks

To: Mare Britton who wrote (4529)	1/27/2000 4:29:00 PM
From: Greg Reinhart	Respond to of 14638

Hi. I think that money is just moving from NT to BCE. Folk's get ~.78 of an NT share for every BCE they buy. In some sense this is putting short pressure on NT stock. Canadian institution fund managers are not allowed to hold more than 10% in any one stock, so they have to sell off NT in some cases, putting additional pressure on NT. Realize the stock was ~30US a year ago. As long as the tech sector stays strong to support current valuations, the stock should recoup due to market dominance. Greg