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Technology Stocks : Nortel Networks (NT)
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To: Kenneth E. Phillipps who wrote (9710)2/15/2001 6:42:12 PM
From: ntrules  Read Replies (1) of 14638
 
A few explanations..

Could it possibly be that Nortel does not really have a clue as to what the real industry growth will be in this area and have been predicting always to do about 5% better than the industry?

Could it be possible that Nortel really wanted a reason to lay-off more employees than originally planned and currently there is a lot of displeasure among the employees on the recent cut-backs when the business hasn't really suffered? This could also mean that by keeping pressure on the stock price for the next quarter or two, they ruin the chances that the departing employees will exercise their options and thereby cause dilution and further erosion in the earnings per share?
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