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


To: John Paquet who wrote (11185)7/20/2001 12:17:20 PM
From: telecomguy  Read Replies (1) | Respond to of 14638
 
well John, of course if you buy NT now and wait 5 years, I am VERY CONFIDENT you will do very well assuming NT doesn't go bankrupt of get bought out 10 cents to a dollar by CSCO.

HOWEVER, we are not talking about 5 year time frame are we?

If I can buy NT at $5 US in the next 12 months and then wait just another year or two to double/triple the investment, THAT is lot more intelligent then buying now or few months ago and having to wait 3 to 5 years for 50% to 100% return???

That is I think what we are all talking about here.

No one wants to invest in high-tech companies and have to wait that long any more....too many risks.