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

To: Imran who wrote (2616)5/6/1999 5:49:00 PM
From: Bosco  Respond to of 14638
 
G'day all - well, one can argue either way. OOH, the general markets were poor. OTOH, even if the rumored deal was discounted, there were 2 pieces of good news today, especially the one with with WCOM, which could be of great potentials. Fundamentals aside, this thing seems wanting to retest the recent support [well, if I am not mistaken, we lose one today,] not that I want to see that. The saving grace is that AG Edwards won't be coming in to downgrade the stock <sg>

best, Bosco



To: Imran who wrote (2616)5/6/1999 9:20:00 PM
From: RDR  Read Replies (1) | Respond to of 14638
 
JMHO, I guess even though John Roth has indicated that a major deal is in works, until it is announced it's not there. Also, looking at the overall market check CSCO or LU everybody is getting beat. I think it would be in our interest that the announcement comes when the market sentiment has changed towards technology.

Regards,


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