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Technology Stocks : Nortel Networks (NT)

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To: esxtarus who wrote (13951)7/13/2004 1:47:39 PM
From: Cooters   of 14638
 
The Brampton, Ontario-based company also said it expects 2004 sales to grow faster than the telecom equipment market, which it now sees rising in the low to mid single digit percentages. In June, Nortel forecast market growth in the low single digits.


Simply put, they raised revenue guidance, in the only way they could absent any means to offer specifics.
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