SI
SI
discoversearch

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: t2 who wrote (5340)4/16/2000 3:49:00 PM
From: Bosco  Respond to of 14638
 
Hi t2 - thx for your explanation, although, the BCE and NT situation is old news, which has nothing to do with our present predicament. Different people have a different take of the situation. Still, I share your bullishness, albeit in a much much milder form. If p/e below 100 with great growth is a great buy, how does it make it for p/e of say 17 with a good growth outlook [I will try to avoid plugging my recent acquisition though :)]? Don't get me wrong, NT is a franchise, so in my book she deserves a rich price. Richer even! Would others agree with me? Dunno!

One thing going for NT, even though she is a tech stock, is that she is on NYSE. Since Naz is the one taking the most hit, my guess is that NT is less guilty by association. Still, technically, the sheer sell volume will impede the upward mobility for the time being

Just my take

best, Bosco