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


To: OrionX who wrote (8512)11/16/2000 1:07:40 PM
From: rrufff  Read Replies (1) | Respond to of 14638
 
My point was that IF NT was priced to perfection at 89, then it sure as heck ain't priced for perfection now. It's priced for a LU style collapse. In fact, it's amazing that NT has started to look like the LU chart even though fundamentally NT is no LU. I own both unfortunately for different reasons. I have LU as a turn around and the spin off and NT as the class of the beaten down bunch. I feel NT will come back fast and first. LU may have a higher percentage move but it will take more time. Just IMO.