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Technology Stocks : Nortel Networks (NT)
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To: james paterson who wrote (1737)1/21/1999 12:29:00 AM
From: Paul Fine  Read Replies (1) of 14638
 
Re mgmt guidance on earnings:

Roth came out a week or so ago and said that he was comfortable with the guidance that NT had given analysts previously for this qtr and next qtr. Of course, the guidance given is fairly loose, but it does mean no warnings. What we won't know until next Tuesday morning is if they will just hit the official est of $.71 EPS, or reach last year's EPS($.74), OR the current "whisper number" EPS of $.79. Everything is relative.

Paul
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