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Technology Stocks : Nortel Networks (NT)
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To: StormRider who wrote (13447)10/25/2002 12:29:27 PM
From: larry pollock  Read Replies (1) of 14638
 
If you read carefully the Verizon quarterly report, and do some calculations, Verizon's 4th qtr cap ex level is expected to be $4.2 billion-$4.6 billion. This range is $1.6 billion-$2.0 billion greater than the $2.6 billion cap ex level for the third quarter.
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