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Technology Stocks : Nortel Networks (NT)
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To: FESHBACH_DISCIPLE who wrote (9918)2/18/2001 10:11:47 AM
From: elmatador  Read Replies (2) of 14638
 
Here is how NT and LU will come back:
They will sell to US RBOCS abroad now that they have stopped being forced to build to satisfy the FCC. Verizon is a case in point. Nortel and LU will grab 3G contracts in Europe, LU in Germany, NT in Portugal) to gain experience. Then they will port this experience back to their home turf.

Not having mobile handset business is a great adavntage fot LU and NT. ERICY has the dead weight mobile handset as Siemens and NOK also do.

Four you of the US side.Be very careful when analysing the Euro-wireless situation. See the money thrown down the drain with Iridium and Globalstar. This not to mention the ADSL capital destroyed by the CLEC's ADSL now dead.
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