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


To: Claude who wrote (2077)2/24/1999 5:03:00 PM
From: Dolfan  Respond to of 14638
 
The whole market took a nosedive...

DJIA -144.75
NASD -36.97
LU -4.125
CSCO -3
XYLN +3.5625

Xyln up on rumors of an acqusition by French communications equipment giant Alcatel.

Just another Roller Coaster ride.

Mark



To: Claude who wrote (2077)2/24/1999 5:03:00 PM
From: Kenneth E. Phillipps  Respond to of 14638
 
I was impressed with the way the stock price came back at the end of the day after it had dropped to 58&5/8. There must have been a lot of buy orders at 60.

Ken



To: Claude who wrote (2077)2/24/1999 5:05:00 PM
From: Paul Fine  Read Replies (2) | Respond to of 14638
 
Claude- NT dropped mid-day in concert with the rest of the market. Bond futures headed down and the stock market went with it, with the DJ off 144 pts and the Nasdaq off over 30 pts. Just as a rising tide lifts all boats, a tsunami sinks all boats. Nothing inherently wrong with NT; it will recover.

Paul