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Technology Stocks : Nortel Networks (NT)
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To: Dave Gore who wrote (7514)10/25/2000 8:33:31 AM
From: jack bittner  Read Replies (1) of 14638
 
nt expects to grow earnings 30 to 35% next year, and 40%+ for the total of yr 2000.
analysts are concerned that the 30-35% is less than the 40%. but that 30-35% for 2001 is what nt has been saying all along.
i think roth now wants to give the market a big upside surprise next time, to change perceptions caused by his prediction of "as much as 12 billion", which he's had to change to "more than 10 billion for yr 2000 revs.
all of that said, all the actual numbers are mind bogglingly, delightfully high. they are the "perfection" that everyone says nt is priced for.
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