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


To: Scripts who wrote (10174)3/7/2001 9:52:40 AM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 14638
 
Ed, I think we have seen the bottom. We will likely move sideways for awhile but I don't see a price of C$17.



To: Scripts who wrote (10174)3/7/2001 12:32:10 PM
From: Ian@SI  Read Replies (3) | Respond to of 14638
 
Ed,

Missed the ROB report with Healy but saw him on Businessworld.

He strikes me as a mental midget who's less than half as clever as he thinks he is.

e.g. - Re the Zurich Fab. He equated the building that IBM sold to JDSU for $41M with the Laser pump diode business including people and IP that NT bought from JDSU for $3B(then) worth of stock. He strikes me as an expert in stock fraud, manipulation and one who enjoys taking advantage of less well informed people.

IMO, this behaviour is typical of the most despicable scum that inhabits Bay Street and is more likely to be found out on the West Coast of Canada hyping non existent gold mines.

The numbers he quoted last night were based upon NT equaling its all time low for Price/Book - a number reached when NT aspired to being an also ran in the data world; and was writing off parts of its Voice business.
The NT of today is a very different company whose stock price is suffering more because of external events (the Fed induced recession) than anything specific to NT's Strategy, Tactics or relative performance.

JMHO,
Ian.