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Technology Stocks : Nortel Networks (NT)

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To: Cooters who wrote (14039)8/21/2004 12:20:58 PM
From: Qualified Opinion   of 14638
 
Cooters, I agree with you on your analysis. Any brokerage analyst forecast of specific earnings numbers is pure speculation.

If one was cynical, one could surmise that some self-serving brokerage analysts would low-ball their earnings estimates to allow their favorite clients to buy-in cheap while making the resulting consensus earnings estimates easier to beat and increase later.
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