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


To: George A. Roberts who wrote (1091)9/30/1998 11:20:00 AM
From: Bob Howarth  Respond to of 14638
 
The last bastion of capital spending bites the dust. I hereby declare the start of the recession. Too bad Fed is sound asleep at the helm.




To: George A. Roberts who wrote (1091)9/30/1998 11:45:00 AM
From: Doug  Read Replies (2) | Respond to of 14638
 
G.A.R: This reminds me of Wild Life on the Plains of Serengeti. When any big Animal show any sign of weakness out come the Jackals and Hyenas to attack.

A few days ago the same bunch of Predators were all hype for NT and ALA. Since then both Companies after making a very minor downward revision in respect of forward Financials have received outpourings of Downgrades.

I think it will be wise to make one's own judgement taking into consideration that Telecommunication is still a Growth Industry thanks to increases in Networks,VOIP and Wireless.