Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Paul Shread who wrote (391)	3/17/1998 11:45:00 AM
From: marvin friedman	Read Replies (1) \| Respond to of 14638

When compared to its peers such as Lucent, Nortel should sell for about 85.00 US per share. Check out comparative earnings yourself.

To: Paul Shread who wrote (391)	3/17/1998 8:16:00 PM
From: Winston A. Chin	Respond to of 14638

As Marvin said, to establish a 'fair' price for a stock it should be compared to its peers. These days individual PE is no indication of a 'fair' market price. With no inflation, low interest rates and all the local plus foreign money chasing stocks here in the US, PE numbers should be only a minor factor in the decision to buy a stock. I do not subscribe to the 'buy and hold' theory timing is difficult but it is everything. Running up with the momentum boys and bailing out when they do can give you a great rush ( of course you could be left holding the bag sometimes but maybe it won't be often ). We will probably have a minor correction tomorrow based on BAY's bad news and probably have another minor one in 4-6 weeks. When the stock hits $85 later in the year however watch out as a flimsy excuse will be used to drive the stock down substantially to bring the PE 'back into line' only to let the earnings catch up and later run it up to new highs in 1999. WAC.