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


To: Cruiser who wrote (2133)3/5/1999 9:15:00 AM
From: w2j2  Read Replies (2) | Respond to of 14638
 
Thanks, Cruiser. No doubt NT is the best buy in this sector, and will continue to give Lu and Crisco a run for their money. Great management. wj



To: Cruiser who wrote (2133)3/5/1999 11:20:00 AM
From: Bron-y-aur  Respond to of 14638
 
NT positively mentioned in the latest edition of Business Week:

Business Week Stocks: the following issues received a positive mention in the latest "Inside Wall Street" column of this weekly magazine -- Northern Telecom (NT 55), Motorola Inc. (MOT 67), Campbell Soup Co. (CPB 40 9/16), and 7thStreet.com (SEVL 2 3/4); one money manager believes that NT and MOT are both undervalued and a safe way of playing the Internet game as both companies have the entire plumbing for the Internet; has a price target of $80 for NT and $100 for MOT.



To: Cruiser who wrote (2133)3/5/1999 2:58:00 PM
From: jelrod3  Read Replies (2) | Respond to of 14638
 
Cruiser, NT is undoubtedly a "value play" when compared to LU and CSCO. NT is a value play for a reason, and credibility may be a large part of the problem. But the underperformance of NT compared to LU and CSCO is striking. See the chart at:
techstocks.com

As a former BAY holder, I am now in NT...but thank goodness I hold large positions in CSCO and LU. The issue for me and for many others is whether to hang on, and keep hoping, or whether to sell and put the money into LU and CSCO. Your bullishness is something to think about, but the momentum money seems to keep flowing to LU and CSCO, as evidenced by the past year, and even the movement in share prices today.