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

To: t2 who wrote (13730)	2/2/2004 1:48:16 PM
From: Kevin Rose	Respond to of 14638

Cramer?! The man who was heaping six feet of dirt on NT a couple of years ago?! How come, if he's so smart, he wasn't touting NT as a screaming buy at $US.50? Now, it's a screaming buy at $US8.25, with a PE that won't fit on my calculator display? What happened to our new-found 'fundamentals' religion? Don't get me wrong, I'm a long term bull who believes that NT will emerge as the strongest player here. But, doesn't the smarter play seem to be to WRITE shorter term calls here at around the $US10 level? Isn't that near where the mo players will bail before the 1st quarter's seasonally depressing numbers are announced? Boy, I guess the Who were right: same as the old boss...