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


To: Kenneth E. Phillipps who wrote (1548)12/9/1998 5:31:00 PM
From: Bosco  Read Replies (2) | Respond to of 14638
 
G'day all - dear Ken, thx for the article. Regarding the market response [or lack thereof,] I think NT may be running into a bit of technical [stockwise] roadblock. Since this is an important window dressing month [for the US market anyway,] there isn't enough volume to push NT over the top.

Bizwise, I think Cambrian is a big positive for long term investors but not as much for short timers. The latter may focus more on the US$300MM price tag. The good thing is that it is really based on a sliding scale, i.e., a good insurance policy on a cash based purchase. Does anyone know what kind of financials Cambrian possesses? As I ve said in my previous post, NT is smart to include DWDM, a great technology for bandwidth expansion, in its portfolio.

best, Bosco

best, Bosco