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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 681.86-0.7%4:00 PM EST

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To: Nancy who wrote (40591)1/9/2004 2:20:06 AM
From: Johnny Canuck  Read Replies (1) of 69340
 
The only profitable division at NT is wireless. Every other division is only breaking even or losing money. NT is still struggling to be cash flow positive on an ongoing basis as far as I know. They recently sold on of their optical component/low level systems business as it was still losing money. It should that they don't see a bottom to the other overall demand and are still exiting business that they don't aniticipate a re-bound in.

I have not followed LU all the closing in the last year. I do know NT see them aggressive in wireless RFP in India and the old Eastern Bloc countries.
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