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

To: Alidotr who wrote (9784)2/15/2001 11:28:26 PM
From: Hector  Respond to of 14638
 
"Do you think that NT fell victim to the same circumstances as LU did?"

No. I think NT and its stockholders were victimized by analysts and the brokerage houses who kept pushing their price targets up and up beyond any reasonable valuation.

There's nothing wrong with NT, CSCO, SUNW, etc. They were overvalued and the suckers who bought at high prices will probably have to wait 5 years before they're made whole again. Those who buy now, should see doubles within 2 years.


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