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

To: Paul Fine who wrote (720)9/15/1998 12:14:00 AM
From: Ken Twining  Read Replies (1) | Respond to of 14638
 
Paul:
That is real "music to my ears"! Thanks for keeping us informed..."Short term Pain, for Long term Gain"....Hopefully this will all work itself out!!



To: Paul Fine who wrote (720)9/15/1998 10:57:00 AM
From: Paul Shread  Read Replies (1) | Respond to of 14638
 
So is this it for the bad news? I still think this looks like January, where the stock drifted down to $40 and then soared when the company simply met estimates. Maybe $45 could be the bottom here? They have, after all, lest we forget, shown pretty good growth this year.

I guess I would also add my hopes that they don't get out of the traditional telecom or wireless businesses TOO much. They've had some awfully nice contract wins in those areas.

Paul


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