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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Molly Mayhem who wrote (41421)	11/15/2000 4:43:30 PM
From: Mark Konrad	Respond to of 57584

NT...Mollie, I don't have a chart buy signal on it yet but it's essentially back where it was exactly one year ago. At that time I had the opportunity to meet reps from this and other companies at the Geneva Telcom Conference in Switzerland. I was working the Diana Ross show for NT and came away impressed with every aspect of the company. I bought the stock initially for about $25 and have traded it profitably ever since with relatively few exceptions. As opposed to LU, for example, NT has young, talented management and has been able to attract additional talent and win customers with remarkable consistency (barring parts and supply shortages largely beyond their control). The entire telcom sector has been under extreme pressure of late (to say the least!) but NT has done extremely well compared to much of the competition: someone who bought an equal dollar amount of both NT and LU one year ago would get back more than 100 cents on the dollar today for NT but only about 30 cents on the dollar for LU. So my position in NT is based in equal parts upon company specific fundamentals, overall optimism about future business and continued growth, and chart technicals that give me reason to positively assess the risk/reward ratio in favor of the long side. All of the above is my opinion only and a warm 'thank you' for the nice wedding wishes!--MK--