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Technology Stocks : Nortel Networks (NT)

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To: Paul Fine who wrote (3574)10/26/1999 5:40:00 PM
From: Cruiser  Read Replies (2) of 14638
 
A question for this august body ...

Any idea why Briefing.com refers to Lucent as a "Communications equipment company" and Nortel as a "Telecom equipment maker". I guess I'm sensitive but Loosent and Nortel are in the same segment, so we should have the same designator? Any clues...

Cruiser

PS - my absence has been due to my utter euphoria at declaring victory over the naysayers that wrote Bay off...rest assured that I read this groups comments daily :-)

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Lucent Technologies (LU) 59 7/8: communications equipment company posts a Q3 net of $0.31 per share, two cents better
than the First Call mean estimate, versus $0.21 in the year-ago period; revenues of $10.58 bln were up 23.3%.....

Nortel Networks Corp. (NT) 56 13/16: telecom equipment maker reports Q3 earnings of $0.28 a share, two cents above the
First Call mean, vs yr-ago net income of $0.21 a share.....
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