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- Newsgroups: misc.invest
- From: byu@sys.toronto.edu (Benjamin Yu)
- Subject: Re: Pick - Northern Telecom
- Message-ID: <1993Jan28.075722.21605@jarvis.csri.toronto.edu>
- Organization: University of Toronto
- References: <1993Jan27.201117.4145@spectrum.xerox.com>
- Date: 28 Jan 93 12:57:22 GMT
- Lines: 18
-
- In article <1993Jan27.201117.4145@spectrum.xerox.com> root@vinevalley.mc.xerox.com writes:
- >
- >I see a pick by Benjamin Yu for Northern Telecom ... tell me a little about the
- >company ... I may get a job here in Rochester with them.
- >
- > John Burkard
-
- I used to work for Bell-Northern Research, the research arm for Northern Telecom.
- Great company, innovative, demanding. Their switching machines are selling very well
- in Europe and Japan. In Canada, I believe they dominate the majority of the market
- aside from the west coast. I am not sure about their penetration in the US market
- though. I bought the stock at 44 and sold at 47. Last week I was going to buy again
- at 52 but I didn't have enough cash. On Monday, they announced new contracts with
- Japan and it shot up to 55 and then to 57. Yes I bought it eventually at 57 1/4, ...
- and yes, I have lots of confident with this company.
-
- Benjamin Yu
- byu@sys.toronto.edu
-