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


To: Ian@SI who wrote (7253)10/11/2000 12:27:39 PM
From: Bosco  Read Replies (1) | Respond to of 14638
 
Hi all - I must be crazy :)

Well, I just bought a bit more NT @ 60, if the Purple Dinosaur is correct. From CBS MW

NT gains from LU's loss, SSB
--10:05 am - By Tomi Kilgore
Nortel Networks (NT: news, msgs) is gaining $1.19 to $61.19. Salomon Smith Barney analyst B. Alexander Henderson noted that Lucent's (LU: news, msgs) loss (see 9:38 item) is Nortel's gain. He sees substantial share gains in the optical sector, central office switches, wireless and data networking at Lucent's expense. He believes Nortel is executing its turn-around plan "flawlessly," and thinks Nortel's advantages over Lucent are "substantial and sustainable." Lucent is now trading down $9.50, or 30 percent, at $21.88.

best, Bosco