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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (7729)4/12/2001 2:29:51 PM
From: MulhollandDrive  Read Replies (2) | Respond to of 15481
 
Of course, that would certainly defeat the raison d' être.

13:19 ET Nortel Networks (NT) 16.48 +2 (+13.8%): -- Update -- Hearing from trading floor sources that their is research in the market that Nortel is down to a normalized 6 weeks of WDM component inventory, from 12+ weeks in Jan. While investors may focus on the declining inventories as a bullish factor, there is still some question about component pricing. Indication is that component suppliers such as JDSU and GLW are being hit on price and that numbers might have to come down after JDSU reports on April 26... Circulation of this research has created a major short-squeeze in NT shares.