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


To: R.S. Blum who wrote (6782)9/12/2000 12:38:43 PM
From: rrufff  Read Replies (2) | Respond to of 14638
 
You can say almost anything to justify either way in this environment.

Tank from 90, because too high a market cap anticipates perfection, news known by big players, option expiration, etc.

My feel is that when the dust settles next week, this will look like a great buying opportunity. LU and many others similarly situated are down as much or more. I don't think we're going to see some bad news from NT. Demand for their products and services is virtually insatiable. If there is, in fact, a decrease in demand, which I doubt, who do you think will get hurt NT, LU or the start-ups. My guess is that it won't be NT. Personally, I think the premise that demand will slow before 5 years is absurd.