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


To: KYA27 who wrote (2401)4/10/1999 10:04:00 PM
From: Stocker  Respond to of 14638
 
They have negative earnings only because they took a huge charge last quarter related to BAY, restructuring and big layoffs. The way I see it, NT is now lean and ready to go. I would argue that LU etc. is a little more bloated and due for some of the same. Just wait for the Ascend charges to come through.



To: KYA27 who wrote (2401)4/11/1999 2:06:00 AM
From: Cruiser  Respond to of 14638
 
Seriously KYA ... this negative earnings business is surprising. I am sure most NT investors were not aware of how earnings work. Thats why they have millions of dollars invested.

I guess in your case since you clearly understand much more about the about the markets you only have a small amount of money in stocks.

Maybe you should write to the brokers and let them know about this negative earnings business. They probably havent thought about it as carefully as you have.

Thanks again for bringing this important bit of information forward. It's posters like you that really makes these threads so useful.

Thanks again !

Cruiser

PS - My post of last Friday seems to be quite timely don't you think? Gee I hope everyone knows that it was just dumb luck!