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Technology Stocks : Lucent Technologies (LU)
LU 2.680+0.9%Dec 19 3:59 PM EST

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To: Kenneth E. Phillipps who wrote (20443)7/3/2002 2:18:57 PM
From: sylvester80  Read Replies (1) of 21876
 
But this answer from your link isn't very good:

"Nortel could soon be in a position to win more Verizon business. George Notter, a Deutsche Securities analysts, reported last month that Nortel captured 20 per cent of a contract for next-generation Sonet equipment with aggressive, last-minute price-cutting."

How are they planning of making money? By giving stuff away? That's a sure way to bankruptcy if you ask me.

Also this:
"One reason Nortel won was that that equipment will sit on top of existing Nortel equipment, said Theresa Mastrangelo of RHK, an industry market research firm."

If Nortel can't win for their own equipment then what can they win for?
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