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Technology Stocks : Nortel Networks (NT)
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To: Cooters who wrote (14026)8/20/2004 12:14:14 PM
From: Qualified Opinion  Read Replies (2) of 14638
 
I'm glad analysts lowered the bar on estimated earnings.

Nortel is targeting annualized cost savings of approximately $450 million to $500 million per the restructuring plan. Combine the cost savings with revenue growth especially with fixed costs being covered. What do you forecast for estimated earnings in 2005 and beyond ?
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