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

To: Kevin Hamlin who wrote (809)	9/17/1998 9:29:00 PM
From: Claude	Read Replies (1) \| Respond to of 14638

I was buying - this is way overdone. There has been no negative news - and I don't understand these damn analysts - they usually love it when a company trims fat - but NT announces 3500 in layoffs after a merger!!! and they take it as a sign that the sky is falling on NT. (don't they have over 30K employees??) I think the main reason these things get overdone like this is on a day when the market tanks like today most are leary of jumping in - I may regret it if the market keeps tanking tomorrow. Claude (rhymes with TOAD)