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


To: The Ox who wrote (13756)3/15/2004 6:32:12 PM
From: Harold S.  Read Replies (1) | Respond to of 14638
 
I loaded the boat today at 5.68 and will add more on any dip below 5...if I get that lucky. Michael is right, the Street doesn't like uncertainty. WHEN THE DUST SETTLES THIS WILL MOVE UP QUICK. I do, also, think they are in a good position financially with the uptick in worldwide business. I think recent articles and contract press releases supports that stance. Buy now and buy more later if it dips any further. There aren't a whole lot of bargains out their these days...NT is a bargain. Why sell here in March for tax reasons? Unless you have something you can plunk that money into that will do as well as NT between now and the end of the year don't bother. NT goes to 10 easily by dDec 31...what % return is that from here? 95%? Why sell now at 5.25? Load the boat!!