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Strategies & Market Trends : The New Economy and its Winners

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To: Mama Bear who wrote (2547)	10/30/2000 3:27:12 PM
From: Tom Kearney	Read Replies (2) of 57684

Here's how much FUD is going around. The Street.com leads with this headline: "Networking Stocks Slide as Researcher Adds to Slowdown Talk" By Scott Moritz thestreet.com The Wall Street Journal has this headline: "Despite Nortel's Slow Sales, Researcher Predicts Surges in Fiber-Optics Spending" By MARK HEINZL Staff Reporter of THE WALL STREET JOURNAL interactive.wsj.com^JDSU Guess what? They're talking about the same report! The WSJ starts out like this: Networking-industry research firm Ryan Hankin Kent Inc. sharply raised its forecast for North American spending on fiber-optic data-transport equipment, a move that could help ease industry concerns caused by weaker-than-expected optical equipment sales reported by Nortel Networks Corp. It also contains these lines: "We don't see any slowdown in the market," said Anil Khatod, Nortel's president of global Internet solutions. "Nortel continues to grow faster than the market" in North America, and more so in Europe, Asia and Latin America, he said. Some analysts doubt carriers will increase spending on the order RHK expects and cite fast-growing communications capacity in long-haul networks and uncertain demand. Though carriers could decide to restrain general spending, "if anything is going to suffer it's not going to be optical," RHK's estimates last year were a little low. Tom

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