Canadian tech stocks

Discussion in 'Trading' started by Ontarion, Mar 19, 2003.

  1. Ontarion


    What do members think of the price outlook for JDS, Nortel and RIM?

    I've started following Nortel after a while, and it looks pretty strong on the fundamentals (balance sheet cleaned-up, no aggressive projections, etc) as well as on the technicals.

    Nortel broke through major resistance around USD 2.32, and looks set to go up to 2.80 or more, if there's no bad news from Iraq. I'd be interested in your thoughts about NT.

    One thing that I still can't explain is why this stock seems to have lost all its previous volatility? It hardly moves nowadays, unless there is some big rally, and even then it joins the rally late...curious...