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Technology Stocks : Nortel Networks (NT)

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To: zbyslaw owczarczyk who wrote (10542)4/18/2001 4:42:04 AM
From: Elroy  Read Replies (1) of 14638
 
Even if they reduce capex to 5.5B, it means that after spending only 364 million in Q1 they will spend from now on average 1.7B per quarter.

Where did you get the $364 million number? CSFB's research note says Sprint spent $1.1 billion in Q1. Are you talking FON, PCS or both? I am refering to a CSFB note on FON.

Elroy
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