MONI - Marconi Nasdaq ADR Message Board

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Technology Stocks : MONI - Marconi Nasdaq ADR

MONI 0.00346

-3.9%

Nov 7 9:30 AM EST

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To: danofthebes who started this subject	10/25/2000 7:55:04 AM
From: ms.smartest.person	Read Replies (1) of 129

Marconi down 6% in Europe this morning; Lehman downgrades some optic stocks Marconi as reported on CNBC by European reporter. Optical downgrades as reported from briefing.com 07:44 ET Nortel Networks (NT) 63 5/16: -- Update -- Downgraded to OUTPERFORM from BUY at Lehman; believes macro concerns over telco spending and lower upside vs expectations may lead to multiple compression.... NT shares trading at $49 in pre-market. 07:42 ET Optics Stocks Downgraded : -- Update -- Lehman downgrading PMCS and VTSS to OUTPERFORM from BUY, citing inventory issues at Lucent and Nortel which could create near-term weakness for the vendors. Firm lowers JDSU to NEUTRAL from OUTPERFORM.

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