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


To: Kenneth E. Phillipps who wrote (8638)11/17/2000 12:00:59 PM
From: R.S. Blum  Respond to of 14638
 
Frankly, at this point, I really think NT has to get more aggressive in refuting the rumors. In light of the recent crash, especially in comparison to their peers, simple denials seem ridiculously half-hearted. Of course they're going to deny the bad press.

I have high hopes Roth is going to send a clear and irrefutable message to the entire investing community that enough is enough. A $50+ million buy-back at these levels would represent an enormous vote of self-confidence. If there's indeed nothing in the closet, this would represent an prudent investment opportunity that would not go unrecognized in the market.

A leader is best judged when faced with adversity. Come on Roth, show us what you got!!!