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Politics : Formerly About Applied Materials
AMAT 327.03+2.5%Jan 16 3:59 PM EST

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To: advocatedevil who wrote (47968)6/15/2001 7:55:47 AM
From: advocatedevil  Read Replies (1) of 70976
 
Nortel forecasts second-quarter loss, cuts jobs

Friday June 15, 7:51 am Eastern Time

By Ian Karleff

TORONTO, June 15 (Reuters) - Nortel Networks Inc (NYSE:NT - news) (Toronto:NT.TO - news), in a shock warning to financial markets, on Friday announced new job cuts and predicted a big second quarter loss as customers cut back significantly on purchases of telecommunications equipment...

biz.yahoo.com

AdvocateDevil
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