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

To: Islander who wrote (7918)	10/30/2000 4:36:55 PM
From: KM	Respond to of 14638

Hi. Sorry, didn't mean to start a sh**t storm here. I was reading this board merely to gauge sentiment. I was much more interested in shorting Ciena and JDS Uniphase than this stock and those are the ones I got this morning. It does look like NT had an exhaustion gap down last week and the ultimate low may be in but I question whether there will be any significant appreciation other than the occasional short covering rally to justify tying up money at this time. On the other hand, I know that a lot of you are investors and given that, this could be an attractive buying area if you feel that whatever caused this short term weakness will resolve itself positively. As always, I wish all of you the best of luck and hope your purchases do well for you. I do not enjoy watching people lose money, whether they be long term investors or short sellers acting on fundamental beliefs. This is one tough market to make money in on either side.