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Technology Stocks : Alcatel (ALA) and France -- Ignore unavailable to you. Want to Upgrade?


To: zbyslaw owczarczyk who wrote (1767)5/10/2000 1:56:00 AM
From: Michael M  Respond to of 3891
 
Zbyslaw -- There is a problem with too much air time to fill on financial television. Too many dopey people saying too many dopey things (and too many dopey people paying attention).

Add to the mix, journalistic infatuation with crisis and disaster of every kind imaginable.

And, don't overlook the seemingly more active role of governments. Skip over the MSFT case and the potential effects on continued interest rate hikes -- look at the increasingly huge sums going to governments for new licenses -- kind of like being taxed in advance of possible profits.

I think NN/ALA has shown amazing strength during the latest downturn. I am very encouraged, not only by business prospects but by the aggressive way in which the companies have stood up and made it publicly clear that any weakness that might affect techs is NOT affecting NN/ALA.

Mike