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


To: jack bittner who wrote (6826)9/14/2000 7:18:57 AM
From: zbyslaw owczarczyk  Read Replies (1) | Respond to of 14638
 
telecom vendors and tech are sharply UP in Europe on heavy volume.

Zbyslaw



To: jack bittner who wrote (6826)9/14/2000 7:44:10 AM
From: Bosco  Read Replies (2) | Respond to of 14638
 
Hi all - jack, besides Warburg, is there any other house doing consistent *smack down* of NT in the past several days? Btw, did you catch this?

dailynews.yahoo.com

I don't have CSCO, and I know Ms Gail Dudack has been a permabear for at least 2 years and counting, Mr Lou Rukeyser went so far as to exclude her from the elves list! Deep background and peripheral information aside, the reason I bring this up is that it appears consistent to her view, and thus Warburg and its clients [including its own mutual funds] back away from NT as well.

On a separate note, I was hoping for a 30MM yesterday. However, she is not necessarily out of the wood, while 30MM is 3x of yearly average, it only matches the *smack down* the day before. So, maybe it is awash :). I am more hopeful if she can break back above 71 with strong volume, she may have indeed a strong base formed. Just a wide technical guess

best, Bosco