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Technology Stocks : Nortel Networks (NT)

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To: Kenneth E. Phillipps who wrote (6374)7/31/2000 10:17:54 PM
From: The Phoenix  Read Replies (2) of 14638
 
Kenneth,

Analysts say Nortel has successfully integrated Bay

Really? I wonder which analyst that is. NT/Bay is losing share and not too long after NT purchased Bay they cut prices 50% and announced OIE which is NT's attempt to errode prices at the edge. Let's see, lost market share, lower revenues, zero margins, and OIE which has yet to show any success as far as revenues go.... and this is a successful integration? And people bad mouth Cisco's purchase of Stratacom for $4B. Go figure.

OG
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