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

To: powershred who wrote (7138)	10/1/2000 10:47:38 PM
From: Donald Gravenor	Read Replies (1) \| Respond to of 14638

I looked at the charts, and I'm not sure what your suggestion is---NT has broken down below its moving averages, I'm sure it has a lousy MACD, and has a poor ROE, with a P:E of about 80. I also own the stock, but when the two top guys at JDSU and a senior executive at Corning sell literally billions of shares and options in what is NT's fast growing markets, one has to wonder whether it is time to get out. It has had a fantastic run over the past two years, but I suspect that it and the market need time for a breather. I would be curious about your opinion.