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


To: Elroy who wrote (11696)9/2/2001 2:29:07 AM
From: Kevin Rose  Read Replies (1) | Respond to of 14638
 
But LU has much graver immediate cash and debt problems:

thestreet.com

American investors still seem enamored with LU, for what I can only see as irrational sentimentality. If NT is fairly valued at US $6, then LU should be more like US $3, given these cash problems.

Yes, there may be better investments than NT, but IMHO it is a credible turnaround candidate with high return possibilities. I believe negative sentiment/lack of confidence in mgmt (i.e. Roth) alone is subtracting $4+ from the current price.

But I have been wrong before :)