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

To: Scripts who wrote (10776)6/11/2001 8:51:53 PM
From: RDR  Read Replies (2) | Respond to of 14638
 
IMHO, NT will continue to trend downwards over the next couple of months. It wouldn't surprise me to see it trading around $7 US considering the fact that CAPEX is not going to come back as fast as most folks picking these stocks are hoping. Add the management issues at Nortel in the mix and what you get is a stock that will get a lot of selling pressure and more importantly might loose market share to competition (just like they did to Lucent)!!



To: Scripts who wrote (10776)6/12/2001 1:25:57 PM
From: Scripts  Read Replies (1) | Respond to of 14638
 
NT has hit C$16.96 so far today. This is almost unbelievable and certainly was a year ago. C$10 anyone? The summer slump is 6-8 weeks away and loosing quarters may be coming.



To: Scripts who wrote (10776)6/12/2001 5:28:05 PM
From: SBHX  Respond to of 14638
 
But one heck of a great DCB eh? It looked scary when it crossed C$17. But hope springs eternal to the brave (or foolish but lucky like me). Not a bad trade.

SbH


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