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


To: Bosco who wrote (7246)10/10/2000 11:25:44 PM
From: Gregory Rasp  Read Replies (2) | Respond to of 14638
 
Hi Bosco. Do you buy on margin? I agree with you that bad news at LU is not necessarily good news for NT. The valuations of these stocks are (or were in LU's case) astronomical. When a stock is priced for perfection and a competitor takes a hit, the jittery (or smart) money is sure to sell. For me, I am hanging on (for dear life) and will buy more if an unwarranted (IMO) sell off occurs.
GR