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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	3/27/2001 4:53:41 PM
From: Softechie	of 37746

Nortel Networks (NT) 16.76 -0.16: Company warns for Q1; sees per share loss of $0.10-0.12 and revenues of about $6.1-6.2 bln; below the Company's previous estimates of $6.3 bln of revenue and loss per share from operations of $0.04 provided on February 15, 2001. Consensus Q1 EPS estimate is ($0.03) and revenue est. is $6.323 bln. Company is planning further reductions and now expects an aggregate net reduction, by mid year 2001, of approximately 15,000 employees

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