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

To: Bosco who wrote (9104)	12/27/2000 11:28:28 AM
From: telecomguy	Read Replies (1) \| Respond to of 14638

Well, hindsight is always 20-20 Bosco. In a rising market, it pays to hold,hold,hold. In a down market, holding is very treacherous. The problem that I have is it's very difficult to know exactly when the company is in real trouble or whether it's the short-term market sentiment/momentum players that are buffeting the stock. I have stuck to many stocks thinking that the fundamentals are sound evem as the price was sliding and then get waylaid by a warning (which was obviously leaked). So for 2001, my goal is to take 100% to 200% profit and not wait to try to get the 4 to 10 baggers which only happens to very few stocks. More importantly, i need to get out when the stock is under selling pressure even if there is no apparent fundamental news/info since it appears that the insider information is quite often way ahead of the news. There has been lot of pressure on NT which is surprising. I still believe NT is the strongest vendor relative to it's depth & breadth of products/services in the networking industry but of course, if in fact Sagawa is right and we experience major funding crisis in the Carrier sector, NT will get hit hard no doubt.......when all those European Carriers were paying BILLIONS for the 3G license, I had an uneasy feeling that they were overpaying and that it would have repercussions on NT. Why these PTT's needed to pay so much is an interesting question (obviously they all believe that the UMTS was going to bring them motherlode of profits and new applications). What is to me more disconcerting is the government's greed in not putting some sort of cap on license fees but then I guess that is how the free market system works. Can't help thinking that some of the Nordic countries who literally gave out 3G licenses for free to not burden their national carriers have the smarter long term strategy to allow their home-grown Carriers to deploy 3G technology without the crazy financial burden. Hopefully US will not make the same mistake as the Central European countries!