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Technology Stocks : Nortel Networks (NT)
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To: pat mudge who wrote (7486)10/24/2000 9:37:57 PM
From: kha vu  Read Replies (2) of 14638
 
NT:the a/h selling must be from those who did NOT read carefully the closing remarks.
It is re-posted here per PAT excellent work:

<<<Extremely pleased with 42% growth. Strong demand. Market is firm. Continue to see that the CapX expenditure on a long-term basis continues to move upward. Restored intervals back to lead-time intervals, so no longer need to hedge. Continue to execute well. Optical, wireless Internet, and optics into Metro markets both in US and Europe and rest of world. Strong outlook for Q4, 40% plus rev growth with earnings to match, an upgrade from last Q. For next year 30 to 35% top and bottom line.
>>>
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