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Technology Stocks : Nortel Networks (NT)
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To: tom pope who wrote (14376)1/25/2005 6:31:56 PM
From: Qualified Opinion   of 14638
 
Flextronics, during their CC, mentioned more than $700 million in payments due Nortel in 2005 for its acquisition of the manufacturing business to be outsourced.

Furthermore, Owens was pleased with the cash performance in the 4th quarter 2004. Analysts forecast cash earnings in 2005 due to execution of the cost cutting plan.
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