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

To: Kenneth E. Phillipps who wrote (5320)	4/15/2000 8:23:00 PM
From: telecomguy	Read Replies (1) \| Respond to of 14638

Right, I forgot about that one! Amazing how I could have missed that one. Just goes to show how many big decisions he has made correctly. What is doubly amazing was that Roth was pusing NT into making these high-risk, high-return (back then) decisions in a very old-world, stodgy equipment vendor. This is the truely amazing aspect of what Roth has pulled off.....within a very slow-moving beaurucratic environment (and he HIMSELF was from that environment!), Roth convinced the board to make these huge bets that could have broken NT if they were wrong strategic decisions. Note none of the other old-world PTT vendors have done such a major deal except Lucent (only after NT bought Bay). Chambers taking aggressive position within CSCO is one thing -- after all CSCO is a relative newbie with change as it's corporate strategy right from the beginning. NT remaking itself in such a short period into ALL-Purpose communication vendor with the ability to provide virtually ANY forms of communication network to virtually any type of customer set is an achievement that will manifest more clearly over the next 5 years. The world will be networked from Beijing to Auckland to Frankfurt to New York through every building, aparment, house, appliance, personal device, intelligent machines, etc. and NT has positioned itself to provide End-To-End networking technology from end-user access points to the edge routers-switches and ultimately to the high-capacity backbone (fibre optics, satellelite, wireless, cable, etc.) better than ANY vendor including Lucent. It gives me lot of comfort to understand this as I hold substantial shares of NT going into the future regardless of what happens to Nasdaq or the economy in the short-term!