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

To: Kenneth E. Phillipps who wrote (5560)	4/27/2000 10:51:00 AM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 14638

However, Monty doesn't think the spinoff will undermine Nortel's stock price if BCE shareholders decide to sell their newly-acquired Nortel shares. Nortel's strong earnings performance for the first quarter should generate buying interest to help soak up the supply. In addition, U.S. institutional interest in the stock should increase after the spinoff because Nortel's public float will increase. The greater the float, the more assurance big investors have that they can get in or out of a stock quickly and without unduly moving the stock price. news.excite.com