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Technology Stocks : Nortel Networks (NT)

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To: t2 who wrote (3562)10/26/1999 4:31:00 PM
From: Bosco  Read Replies (1) of 14638
 
(edited) here's the details

newswire.ca

here is the hi-lite for the financial junkies <g>

Commenting specifically on the Corporation's anticipated U.S. GAAP financial results for 2000, Frank Dunn, senior vice-president and chief financial officer, Nortel Networks, said, ''Given the strong quarter and our strengthening momentum in the marketplace, we now expect that our revenue growth will exceed the market growth of 14 to 15 percent by about 6 percentage points, and that our growth in earnings per share from operations will be faster than our revenue growth''.

meaning? Fast growth with increasing margin. In another part of the PR, R&D up by ~100MM, but decrease by % of revenue
best, B
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