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

To: unix_daemon who wrote (8431)	11/10/2000 4:16:47 PM
From: OrionX	Read Replies (1) \| Respond to of 14638

unix_daemon, Don't worry about the internet being built. The money will be there no matter what. The internet is an evolution, so it will never be complete as it will continue to transform itself. Todate, there hasn't been anything like it for enhancing communications at both the personal and business levels.

To: unix_daemon who wrote (8431)	11/10/2000 4:39:58 PM
From: Master (Hijacked)	Read Replies (2) \| Respond to of 14638

UNIC, I don't think you grasp the important role the internet will play in the not too distant future. It will literaaly revolutionize the lives of people all around the world. You can be working at the office and still keep an eye on your child at the daycare centre through your computer in real time. At the click of a button you can watch any television program at any time you want. You can phone your mother from half way around the world and see her live. All of this and much much more is possible. The infrastructure which will allow for this technology is being installed right now. The money will be found. It will be built. You cannot escape this revolution. Vince

To: unix_daemon who wrote (8431)	11/10/2000 5:28:29 PM
From: Ian@SI	Respond to of 14638

Interesting thoughts but they don't seem to be based upon reality. I believe that NT advised that it has less than $1B worth of loans outstanding; that most of these were temporary bridge loans; and all were secured. I would further suggest that many large suppliers such as NT have better insights into the borrowers than many bankers. And to suggest that they have no lending expertise whatsoever strikes me as a bit of hyperbole. Many large companies have financial arms with significant, sophisticated expertise. And getting back to NT specifically, I'd suggest that its loan losses as a % of money loaned would rank it at the top of the list when compared to banks that loan to roughly equivalent size / stage of development businesses. BWDIK, Ian.