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

To: JP who wrote (1030)	9/29/1998 10:44:00 PM
From: Pink Minion	Respond to of 14638

The PLANET is now the marketplace 2 percent of the worlds population is wired to a phone. There's room to grow. I've worked at Nortel for 13 years, and I can tell you Roth is one of the best CEO's we've had. We really got screwed by this clown in the early 90's. Our stock hasn't been this cheap since. FWIW, this stock has been trading historically very expensive. It doesn't deserve to trade at a PE of 30-50. Looking to move my 401K. Mr. B

To: JP who wrote (1030)	9/29/1998 11:17:00 PM
From: Beachbumm	Read Replies (2) \| Respond to of 14638

JP, I agree with most of what you wrote, although at this time I wouldn't trust anyone's estimates for revenue and earnings going out more than 30 minutes given the increasingly apparent recessionary environment in the world. Patience will be required, but in the meantime I am more broke than your grandma's china. Beachbumm