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

To: Kenneth E. Phillipps who wrote (2012)	2/12/1999 7:07:00 PM
From: Paul Fine	Read Replies (2) \| Respond to of 14638

All things are relative. Not to pick a fight, but as we compare relative strength of the "big three" since 10/8/98, let's remember that we have all(or mostly all) agreed that NT's price at that time was artificially depressed due to the major debacle 10 days earlier by Wes Scott at the press conference. I submit that NT would have fallen no lower than the mid-$30's, vs the actual $27 without that screw-up. That would change the "% gains" in your chart considerably. Don't get me wrong; I am much happier at this level than Oct's level. I am just waiting for a good sustained pop to a new high based on across the board rev growth(inc wireless this time) and double digit sequential profit growth. I know this is probably not realistic given the historical seasonality of NT's earnings, but it would really wake up the investment community. We certainly need EPS of $.40+ this qtr(vs YA of mid-$.30's). IMO, of course. Paul