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

To: RetiredNow who wrote (5311)	4/15/2000 11:36:00 AM
From: telecomguy	Read Replies (2) \| Respond to of 14638

Tks for your advice Mindmeld. I don't know about CSCO as I don't think the rout is over yet. I expect the Nasdaq to go down to 3000 minimum and possibly as low as 2500 as we overkill the market due to all the yahoo momentum traders/retail clowns out there who were willing to pay 2000 times earning even a few weeks ago for one-product (not even category killer on top!) ponies like RIMM and half dozen other small caps. I am pretty sure NT is going to report pretty strong numbers this month. CSCO I am less sure and on a going forward basis, NT will get hurt less than CSCO in the next few months as the market ratchets down further. Haven't sold a single stock even though I like others have taken a 30% shave. Instead I am going to go 'fishing' in the high-tech Value sector for companies who have been hit unfairly in the past month along with the high-fliers because I suspect these are the companies that will grow with the sector and allow me to sleep at night! (my current holdings in this category are ALN, TRMB, OSII, CKEY, TCSI, PCTH, and then in a higher risk but interesting category are MCNS and DTEC) Good luck everyone...........if we do some homework and due diligence, I suspect there will be LOTS of freebies out there for us long-term investors in the next month or so as the neophytes jump the ship and leave the gold behind!