Here is a piece of news that just came out:
New York, May 30 (Bloomberg) — Morgan Stanley Dean Witter & Co.’s Alkesh Shah, bullish on makers of telecommunications equipment during last year’s slide in the stocks, now says Nortel Networks Corp. and JDS Uniphase Corp. aren’t worth buying at current prices.
I will let you draw your own conclusions ….
Regards
Jean-Paul Giacometti