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

To: R.S. Blum who wrote (7937)	10/30/2000 11:13:26 AM
From: bosquedog	Respond to of 14638

Thanks for the article. My mistake.

To: R.S. Blum who wrote (7937)	10/30/2000 11:15:51 AM
From: unix_daemon	Respond to of 14638

NT's CEO _did_ tout a possible $12 billion. Great post, thanks. Still trying to ferret out the facts here. The attacks on this Jim Cramer are so vociferous and passionate here. As a personality, he's irrelevant. It's his 'bear case' that needs to be examined. I'm not reading much in this thread that counters his position. Again, I'm neither long nor short NT. I'd like to buy some of these 'optical stocks' once the dust clears though. Sure, I might miss the next 10% on the upside. That's ok; I'll wait. If the potential for these stocks (JDSU, GLW, SDLI, NT) is so great, there will be enough upside to assuage my concern over missing that 10%.

To: R.S. Blum who wrote (7937)	10/30/2000 12:17:31 PM
From: Bosco	Respond to of 14638

Hi all - I too think we should let go of Cramer. Cramer is Cramer, attacking him --- or defending him, for that matter --- doesn't help NT stk movement. That said, this $12B business is still very strange OOH, is the lack of explicit disclaimer an impled confirmation? OTOH, this PR Message 14547767 as quoted from Mr Roth directly seems to suggest he did not initiate or even endorse the # "Whether we can hit ($12 billion) or not I don't know, but it's not impossible," Roth said. "We have to see what orders we have received in the last couple weeks of September and how that firms up in the fourth quarter, but the momentum is strong." For since when a possibility ["not impossible,"] with conditional, ["We have to see what orders we have received in the last couple weeks of September"] To me, this is as close to the horse's mouth as you can get. Of course, the reality is that NT did miss accounting for the $300MM inventory on customer's hands. My guess is that the products were delivered and therefore she has failed to account for them, since she is likely to realize this revenue only when the products were delivered. But of course, she should still be able to track them if they require NT engineers to install them. This is one area I think NT needs to beef up. JMHO best, Bosco