Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: S100 who wrote (84650)	10/24/2000 11:45:14 PM
From: Ibexx	Read Replies (1) \| Respond to of 152472

Re. "..John Roth, Nortel chief executive, shrugged off the after-hours sell-off. "This is trading in pretty thin volumes. Let's see what happens tomorrow (Wednesday)." This is generally true. However, Instinet trading of NT was exceedingly heavy today, totalling more than 6 million shares. I wouldn't call it "thin" exactly. I was wondering where were those shares coming from myself. One possibility is the MMs traded among themselves (to some extent), creating volume as well as a downward spiral. They have been known to do that. Ibexx

To: S100 who wrote (84650)	10/24/2000 11:52:48 PM
From: William Hunt	Read Replies (1) \| Respond to of 152472

S100---Good evening ---of the thirty five analysts that follow NT only five had higher estimates in the 7.6 billion range . Really interesting Merrill came out Monday and said NT was one of the ten core Technology holdings that you must own for the next three years . The first analyst to come out tonight right after they announced ( even before the conference call ) was the Merrill analyst and said the revenues was on the light side at 7.63 billion dollars . Wonder if they wanted the stock lower to buy on the cheap side ? Boy do they talk out of both sides of their mouth's . By the way before the earnings announcement the WSJ had a range on the revenue side of 7.3 to 7.6 billion . To me they are a company in the right place and working on all cylinders . Roth said the major issue was having enough technical qualified people to keep with the installation schedules Wish the "Q" had their problem's BEST WISHES BILL