Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Howard Bennett who wrote (9029)	12/12/2000 2:47:06 PM
From: Bosco	Read Replies (1) \| Respond to of 14638

Hi Howard - FWIW, not that I want to defend Fido, or any hedger for that matter, IMHO, blaming them is quite meaningless. I mean, look at Janus who holds tons of NOK. Evidently, it didn't sell any of the share, quite on the contrary, it added shares. But NOK still took a big spill in Q3. Besides, it is their right to unwind their holdings if they don't want it. I don't see any manipulation. I mean, if some investment houses come out with bullish rating while they advise their clients in private to sell. Now, that is manipulation! I mean, Fido does carry a big stick, but I am not sure if their selling alone contributes to a stock weakness I take no joy in NT coming back down, since I am sooo overweighted with it. However, I also know blaming others wouldn't help my portfolio. I guess I am not helping, but it is good to see reality as it is. best, Bosco