Nortel Networks (NT) Message Board

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Technology Stocks : Nortel Networks (NT)

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To: Master (Hijacked) who wrote (7616)	10/25/2000 3:15:28 PM
From: telecomguy	Read Replies (1) of 14638

Sounds like the revenue didn't necessarily fall short -- it was just artificially pumped up (not by NT but by their customers who feared shortages so they double booked for future needs) in the past quarter. The reality is that if NT had reported 300 million LESS revenue last quarter and came in this qtr with the expected revenue, NT share price would have still been sitting at $60+ !!! Isn't it strange how sliding of 300 million between different quarters (and remember quarter is an artificial time frame that we humans make up to quantify periodic results of operation) can make such a HUGE valuation difference when October 25 came around! Talk about ridiculousness of short term investment mentality of our markets these days. Here is an interesting concept.....what if NT had reported quarters ending one month earlier or one month later? I BET that the NT share price may not have had such a roller coaster ride. Of course if NT reports a less than stellar quarter 3 months from now, that's a different issue but right now I guess the market is looking for any reason to bail out.

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