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

To: accountant who wrote (8973)	12/4/2000 6:25:43 PM
From: Ian@SI	Respond to of 14638

I'm already overweight in NT. It's trading at less than its growth rate, the fundamentals remain outstanding, I won't sell a share under $90. Most of my NT position goes back to day 1 of the company. My cost basis is near zero. I've seen these hiccups before - usually they were because NT screwed up temporarily. this one seems to be more due to the Street's depressed outlook on everything rather than anything real. IMO, Buy and Hold is the ideal strategy for this company for most of the next decade. Ian.

To: accountant who wrote (8973)	12/4/2000 6:29:59 PM
From: Daniel G. DeBusschere	Read Replies (1) \| Respond to of 14638

This is not Ian but I just brought on the after hours close to 38. It's pretty firm around this price and I am accumulating. But the real reason is the Florida court decision to deny Gore his selective recount. We are getting close to something definitive and this stock is really more than fairly priced. Also, the AT&T award to NT for the wireless gear was a watershed event (i.e. so long Lucent - its everyone for himself) and there is money to pay the bills with the NTT equity investment so there is no need to loan money.