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


To: telecomguy who wrote (5862)5/19/2000 2:01:00 PM
From: Techplayer  Respond to of 14638
 
tg, Don't cry, please...I did not mean to criticize your baby. sheesh. grow up. you sound upset.

I also never said that NT would devalue. I have been consistent in that I like NT but that at present levels, LU is a better value. You indicated the other day that I needed to sell LU and dump into NT at its' present level. As of right now, NT has a PEG of better that 2 based on next years' expectations. I am not saying that NT does not deserve a multiple that high since it hs performed well over the last 3 quarters. I simply feel that LU has a greater upside based on its (also earned) deflated valuation.