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

To: Serge Collins who wrote (937)	9/29/1998 2:07:00 PM
From: Kenneth E. Phillipps	Read Replies (2) \| Respond to of 14638

A big writedown in Brazil doesn't sound like it has anything to do with Bay Networks.

To: Serge Collins who wrote (937)	9/29/1998 2:21:00 PM
From: J. P.	Respond to of 14638

<Hold an analyst meeting and give the impression that you are going to be giving a positive outline of the future, and then whack them in the head with a 2 by 4. > This is exactly why Microsoft, Dell, Cisco are such excelent stocks to hold. They would never have staged something like this and timed it so perfectly awfully what with the fed meeting as we speak. Nortel now on many investors list of managments not to trust. Not a way to get a good multiple, and they've seen to that now for quite a while.