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Technology Stocks : Nortel Networks (NT)

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To: Winston A. Chin who wrote (111)7/1/1997 9:54:00 AM
From: James Chan   of 14638
 
I am surprised of the recent strengths in both NT and NN; amid disappointing earnings (just released) from both ASND and FORE.
This is, however, indicative of ATM backbone is finally getting recognition, a nich in which both NT and NN are the leaders.

Winston, care to make a guess of what NT 2Q earning will look like ?
I don't mind if it is slightly "disappointed" to allow some buying opportunity.

JC
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