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


To: Robert who wrote (9246)1/15/2001 2:19:35 PM
From: Ian@SI  Read Replies (1) | Respond to of 14638
 
Robert,

NT is already priced for an impending recession, one that is increasingly unlikely to occur.

The market has an excellent track record for predicting recessions that never materialize. In fact, it's successfully predicted 17 of the last 5.

More likely outcome is that the Street will realize that NT remains very well positioned in the most rapidly growing communications sectors.

This isn't just an Internet thing. It's business using communications to eliminate middlemen throughout their business processes - both internal and external. That's much larger than the Internet and will generate increasing growth rates for years to come.

You seem to be getting increasingly nervous as we approach earnings. You wouldn't be short, would you? :^)