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


To: bacchus_ii who wrote (13475)11/21/2002 3:48:31 PM
From: Kevin Rose  Read Replies (1) | Respond to of 14638
 
No party yet. NT needs to actually show that they are moving in a positive direction, even if only slightly. They were whipped down to $.42 on liquidity concerns, but those seem to have been aleviated a bit. Now, they need to show something positive.

One positive move would be to actually hit their forecast. That would be something very unusual for NT in recent years. I don't remember if what they forecast for this quarter, if anything. At some point they've got to get it right to start to work themselves out of the dog house.