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


To: Dexter Lives On who wrote (11017)7/11/2001 9:08:17 AM
From: Frank Pembleton  Respond to of 14638
 
Agreed, you can't fight the trend. The only good thing I see looking at the chart is that the trading volumes at starting to die down a little.

We will know when we've hit bottom when Nortel releases more bad news and the stock doesn't do a darn thing.

Regards
Frank P.



To: Dexter Lives On who wrote (11017)7/11/2001 11:51:27 AM
From: John Paquet  Read Replies (1) | Respond to of 14638
 
rov v;

No one can catch the bottom, no even Mr. Einstein, or Mr. Edison.

The only way to beat the hell of this market is by cost average down by weight.

NT.NYSE did show some strength despite poor dow and nasdaq these few days.

NT.NYSE tested that $7.60 and would come out successfully.

Even Today, NT.NYSE still hang in tough it held out nicely.

IBM and MSFT have started to rebound, these two are the leaders of tech stocks. you see.

Rob. v you get to start to accumulate this NT.NYSE, Accumulate when NT.NYSE is so cheap.

Why it is so cheap???? because depressed selling by those who are on margin calls, need cashes, or those who like your self are so discouged, .

Let me ask you a very simple question???? When the hell you can have such golden opportunity to buy NT.NYSE @$7.75 levels, when ??? this is the only time that you can.

OK, you may think that NT.TSE will go lower, but it is ok, soon market will turn around as I mentioned to you on

#reply-16044376

soon market has to turn around.

Also oil and gas prices are way down which would help corp. earning next few quarters.

This is time indeed last chance.

John Paquet