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Technology Stocks : Nortel Networks (NT)

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To: tom pope who wrote (14083)9/2/2004 10:38:35 AM
From: Qualified Opinion  Read Replies (2) of 14638
 
You left out the prior paragraphs,

Excerpt from 9/2 update:

The Company and NNL reported that there have been no material developments in the matters reported in their status updates of June 2, 2004, June 29, 2004, July 13, 2004, July 27, 2004, August 10, 2004 and August 19, 2004 with the exception of the matter described in the Company's press release "Nortel Networks Announces New Waiver from Export Development Canada" dated August 20, 2004 and the matters described below.

The Company and NNL continue to dedicate significant resources to the process to complete their financial statements as soon as practicable. As previously announced, the Company and NNL continue to work on the restatement of their financial results for each fiscal quarter in 2003 and for earlier periods including 2002 and 2001, and the preparation of their financial statements for the full year 2003 and the first and second quarters of 2004.
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