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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]
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To: pat mudge who wrote (3363)10/27/2000 7:37:14 PM
From: BDR  Read Replies (3) of 3951
 
Pat- NT filed an 8-K today that consists of basically one paragraph about its projections for earnings growth. I haven't seen a company do this before. Are they trying to drive home a point, correct what they think is a misapprehension by the market or what? A little late and obtuse for damage control.

NORTEL NETWORKS CORP has filed a Form 8-K (Current Report) with the United
States Securities and Exchange Commission.

Click on the following hyperlink to view this filing:
freeedgar.com

ITEM 5. OTHER EVENTS

On October 24, 2000, the Registrant announced, in conjunction
with the release of its financial results for the third quarter
of 2000, that it continues to expect that its percentage revenue
growth in 2000 over 1999 will be in the low 40's. Consistent
with the Registrant's overall expectations for the year was the
reiteration by the Registrant of its expectation that its
Optical Internet solutions revenues will exceed US$10 billion.
The Registrant also stated that it expects that its percentage
growth in earnings per share from operations in 2000 compared
with 1999 will also be in the low 40's, up from its previously
stated expectation which was in the high 30's. Looking forward
to 2001, the Registrant stated its expectation that the overall
market will grow in excess of 20 percent. Compared to 2000, the
Registrant continues to expect to grow significantly faster than
the market in 2001, with anticipated growth in revenues and
earnings per share from operations in the 30 to 35 percent
range.
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