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


To: Bosco who wrote (1742)1/21/1999 9:12:00 AM
From: w2j2  Read Replies (2) | Respond to of 14638
 
I, for one, think NT is a no-brainer. Great management, great technology, service and sales, and great bargain compared to LU. Made the merger with Bay fully a year before Lu bought Ascend. I just sold some LU and bought NT.
The only concern I have is that if Lu is gaining mkt share, who are they taking it from???
IMHO wj



To: Bosco who wrote (1742)1/21/1999 9:15:00 AM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 14638
 
What do the Lucent numbers mean for Intel? LU improved revenues by 30% from a year ago and beat their estimate of .99 with 1.05. IMO, this is a good indicator that NT will substanially beat their estimates. The telecom equipment sector is having a great quarter. LUs numbers may be bad news for Cisco today.

Ken