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Technology Stocks : Corel Corp.

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To: Andrew who wrote (1291)8/13/1997 11:06:00 AM
From: A. Hayer   of 9798
 
Who is Nortel?

nortel.com

Latest quarterly financials:

July 22, 1997

Nortel (Northern Telecom) Reports Second Quarter Results

TORONTO -- Northern Telecom Limited today reported results for the second quarter and the first six months of 1997.

Revenues were US$3.79 billion for the second quarter of 1997, up 26 percent from US$3.01 billion reported for the same period in 1996. Net earnings applicable to common shares for the quarter was US$165 million, or US$0.63 per share, compared to US$108 million, or US$0.42 per share, in the second quarter of 1996; representing an earnings per share increase of 50 percent over the same period in 1996.

12 month chart:

chart.canada-stockwatch.com

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