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

To: t2 who wrote (12171)	1/1/2002 9:27:23 PM
From: Dexter Lives On	Respond to of 14638

btw--I understand how you feel about those people who have nothing better to do than digging up other peoples' posts. People makes lots of mistakes in trading/investing. All one can do is learn and move on ..learning is a daily thing as I see it. You will probably agree that it is a lot of wasted effort in responding to such posters. In general I agree with you, but there are some posters who insist on offering investment advice, usually bad. I think these threads are great for discussing fundamentals and even valuations but posters should not make recommendations, since they rarely know the circumstances of the persons reading their offering. These posters should be made accountable for their constant, usually, incorrect opinions. Some of them do make good contrary indicators, as I've amply demonstrated on this thread. If one doesn't ask for advice, one probably doesn't want it ;^>. Besides, the vast majority are simply not qualified to offer any... JMHO. Rob

To: t2 who wrote (12171)	1/2/2002 9:47:55 AM
From: telecomguy	Read Replies (1) \| Respond to of 14638

yes, you are right...but this guy is somewhat strange as it appears he has been reading my posts for number of years and then whenever i make a factual mistakes as to the timing of my trades (because i can't be bothered to look up my trade transaction records just to post on Sillicon), he thinks i am purposely misleading or trying to manipulate the market. Anyway, i made a lot on the way up and lost a lot on the way down and have admitted that i never expected the downturn to be so severe and so quick in the networking sector....and presumably as you pointed out, we are all here to exchange info to help us do better in our investing -- not trade barbs about the exact accuracy or the intent of the messages posted here. Notice he did not respond with any form of analysis/forecast regarding NT or the networking sector or the market in general.....he probably doesn't like to be put to the test. As I posted earlier, there has to be some more rationalization in the telco sector. Until the incumbent carriers squeeze out the marginal players and get the retail/wholesale voice price under control at a profitable level, we should not see quick recovery of the CAPEX. The trend towards liberalization of telecom throughout the world is likely to put additional pressure but the capital crunch is actually going to play in the favor of the incumbents as they won't have to deal with so many suicidal Next-Gen players who used the IPO/V.C money to buy market share at any cost (usually their bankruptcy). Networking is a scale business so i expect more consolidation....when you see some major mergers and more news of large next-gen players going into bankruptcy (Colt, Global Crossing, etc....), THEN and only THEN would i feel comfortable in re-looking at taking major position in NT. Having said that, NT is well-positioned, Fibre-Optic penetration is nowhere near saturation contary to most uninformed pundits, & networking in general is still a great growth sector when one considers the IP revolution, deregulation & general concept of Global Economy where information will play a key role in generating future wealth/productivity. So in that sense, if you have long-term outlook, you can do lot worse than buy NT right now....certainly better bet than LU or ALA.