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


To: Kenneth E. Phillipps who wrote (6476)8/7/2000 7:51:11 PM
From: The Phoenix  Read Replies (1) | Respond to of 14638
 
And - NT's forward PE (according to Cramer)

ragingbull.altavista.com
is actually greater than CSCO's now. YIKE!

OG



To: Kenneth E. Phillipps who wrote (6476)8/7/2000 9:16:23 PM
From: RetiredNow  Respond to of 14638
 
I know. It's exciting how quickly Nortel caught up to Cisco in terms of PE. But it's obvious to everyone that they deserved comparable valuation. Now I want to see Cisco start living up to their name. Specifically, I want to see Cisco ramp their revenues in optical VERY quickly. If I don't see that, I will be VERY concerned and may reweight my portfolio, more heavily into Nortel. Let's see what happens tomorrow for starters. Good luck everyone (in this case, Cisco's good fortune will move Nortel up as well)!