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


To: John F. who wrote (7627)10/25/2000 3:34:49 PM
From: telecomguy  Respond to of 14638
 
Heheh.......I liked this article by Interactive Investors!

I am sorry for sounding little bit cavalier but this market is kinda amusing when analysts hang every word coming out of Roth and then come up with inferred numbers based on past variance between stated, expected, whispered and then so-called "actual" Q numbers (which at best in itself is subject to manipulation, interpretation & other variables).

Let's get real here....NT is a good company. As to whether their revenue will be 35%, 36,37,40,43, or 43.456% higher next year .....who the heck knows but it will somewhere around there.

Now, why isn't that good enough to value NT and leave it at that? Of course the problem is valuation is not science but all about perception, fear and greed --- in other words valuation is all about being human and i guess we all know humans have a way of being unrational from time to time.