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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject5/10/2001 5:45:09 PM
From: besttrader  Read Replies (1) of 37746
 
Nortel Networks (NT) 15.22 -0.58: Reuters confirming that NT will exit the DSLAM business; this was reported on In Play before the open today. Companies that were hurt by this news today included CTLM -25.3% and GSPN -10.6%, both of which are NT suppliers. Companies that benefitted were CMTN +19% and PDYN +11%, both of which lost a competitor in NT.
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