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

To: The Phoenix who wrote (9456)	1/25/2001 2:28:59 PM
From: Ian@SI	Respond to of 14638

Gary, No argument re valuations, market multiples, and analyst opinions, etc. The stock price will be whatever the next marginal buyer is willing to pay if it matches the price asked by the marginal seller. And there's no logic I've been able to derive for the absolute price variations the market assigns. My only argument is that the growth story remains intact for this niche of this sector for as long as I'm able to imagine. And given that there hasn't been a bomb from AG today, it's unlikely we're going to see one next week neither. It's conceivable that the market will show some nervousness until 2:15PM next Wednesday. In any case for a highly liquid large cap like NT, what you or I think or say is completely irrelevant to the stock's price. Ian.