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

To: RetiredNow who wrote (6778)	9/12/2000 11:42:43 AM
From: Bill	Respond to of 14638

Cramer says that institutions are dumping large blocks. Nobody can get a handle on why.

To: RetiredNow who wrote (6778)	9/12/2000 12:14:57 PM
From: powershred	Read Replies (2) \| Respond to of 14638

Substantiative?...in the markets? <g> LOL... Drop is perceived to be from: - Fear of "financing blowups"....NT and the other arms supplier have been financing some companies to buy their gears...if this companies dont cut the mustard.... - Crude related jitters...increasing costs...ergo..slowdown on spending from carriers, etc.... - bad case of PMS.... Whatever.... - Looks ripe to be had at the mid-low 60's mark...maybe heading for a turn at least by 9/20th - hoping to see support at $92 to $96 CDN support...if it holds...we could see new highs in the $160 range...if it doesnt...$80 bucks would be the next probable stop.. - Optical Buildout just starting....I dont think we've seen nothin yet....