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Technology Stocks : Nortel Networks (NT)

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To: Elroy who wrote (9208)1/10/2001 1:35:52 PM
From: WiseGuy  Read Replies (1) of 14638
 
Elroy, there was no specific guidance given, but cautious comments were made, suggesting previous guidance was still intact, but that the risk of missing it was higher now. However, I don't think these cautionary comments will hinder NT from rallying into its earnings, given the low price level it is at and barring additional warnings from tech leaders.

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12:54PM Cisco Systems (CSCO) 34 5/8 -2 1/2 (-6.7%): -- Update -- The comment that investors/traders said to be reacting to is CEO Chambers disclosure that the qtr was more challenging than anticipated. Juniper (JNPR 115 -5/8 -1 9/16) shares continue to trade down in sympathy.
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