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


To: Fishfinder who wrote (13606)7/16/2003 5:10:23 PM
From: Kevin Rose  Read Replies (1) | Respond to of 14638
 
Hi all:
Well, best to be cautious, see what happened to LU today. NT is definitely now a clear 'tier above' LU, as LU really dropped their pants (margin and brainpower) in the slump. NT managed to keep both levels higher, but no telling how long the market slump will be. NT now priced probably fairly to maybe overpriced, depending on your outlook. Could be a couple more bumps in the road for NT ahead...investors will continue to need a strong stomach.

Disclosure: still have a large NT position, very small LU position, mid-sized CSCO.

Good luck.