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

To: Techplayer who wrote (5433)	4/20/2000 1:20:00 PM
From: Bob Kim	Read Replies (1) \| Respond to of 14638

Let's see, both Merrill Lynch and Morgan Stanley have LU on there top stocks to own list with nary a mention of NT. Merrill has had a Neutral rating on LU since 1/7/00. It is on no ML list that I have seen recently. OTOH, NT has been on ML's Top 10 Tech list twice, most recently added for the second time in early April. Also ML rates NT (Buy) two notches above LU (Neutral). Nevertheless, the value of ratings and lists is always up for debate.

To: Techplayer who wrote (5433)	4/20/2000 2:48:00 PM
From: Stocker	Read Replies (1) \| Respond to of 14638

tp - I still don't get the link. Just what is it about shorts that makes them less "informed" than longs? Are you saying longs don't have a vested interest in touting their positions/companies? Are you saying shorts are on a lower intelligence scale than longs? Or do shorts not do their homework??? The brokerage community is more biased in their so called recommendations than anybody. They make their money by whipping up demand for stocks, thus their bullish reports/no sell recommendations. In fact, of the brokers you mention, I'd be surprised if any of them said "Sell LU, NOW" which is what they should have been doing just before LU's blow up. That would have been the "informed" thing to do, right? Frankly, I see no difference between shorts & longs. Both want to make money and thus make well thought decisions on what to sell or buy. Many traders play both sides of the fence quite profitably, depending on the stock and market conditions. It's not about wearing one hat or the other, IT'S ABOUT MAKING MONEY. Merrill has loved NT for a while now by the way. Still waiting for the "informed" bull case on LU.