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

To: Kenneth E. Phillipps who wrote (7243)	10/10/2000 5:19:37 PM
From: Bosco	Read Replies (1) \| Respond to of 14638

Hi Ken - Of the 3 problems LU cited for its weakness, the 1st and the 3rd were nothing new, and indeed, they could be contrued as a benefit for NT. The 2nd is the loan loss reserve. While we have put this to bed after the CIEN scare, this can be an excuse for people to take the whole sector down. I feel for the LU longs, even though NT may benefit business wise. But panic attack can turn into mass hysteria. This is the kind of emotion what a bear market is composed of. We can only hope the market is as rational as some of the thinking here, but when it has a life of its own, it is bad for everyone best, Bosco