Nortel Networks (NT) Message Board

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Technology Stocks : Nortel Networks (NT)

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To: peggylynn who wrote (7807)	10/27/2000 2:37:24 PM
From: The Phoenix	of 14638

Peggy... This is what was said: The company, which last year sold about $5 billion in fiber optic equipment, suggested this week [early Sept]it may reach revenues of $12 billion for the year from earlier forecasts of $10 billion. , Yes, summertime guidance was $10B but it kept getting these "pluses" added to it and at some point Roth suggested $12B. Of course the release, as you know, again states $10B+. The issue however is more sinister I believe... and that is Nortel other than optical and wireless targeted at carrier infrastructure is doing just OK. If the carriers slow build out or a competitor comes into either of these two gold mine markets then Nortel will be in a world of hurt. That in fact may be more to the point... but bottom line... as a CEO you can not provide or even imply higher guidance and not follow-through. You have to be pessimitic and always always always beat! OG

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