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Technology Stocks : Nortel Networks (NT)

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To: Dave Gore who wrote (7659)	10/25/2000 8:39:27 PM
From: SJS	Read Replies (2) of 14638

When you brought home your report card, and it had mostly A's and 1 or 2 B+'s on it, and you gave guidance that you would get all A's, would your folks be dissapointed you missed? So here's the point. If these analysts expected the optical increase to be 130%, and NT didn't re-guide that down to a more reasonable number, then they were surprised. They don't like surprises, even with explanations. Steve PS: Pisani (CNBC) said that the NT booth was right behind where he was broadcasting from this morning, and while orderly, people were pushing in and shouting more than he can ever remember. It was more like the bond or commodity pits than the NYSE floor. Remember "Trading Places"?

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