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Technology Stocks : Nortel Networks (NT)
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To: Kenneth E. Phillipps who wrote (1744)1/21/1999 10:33:00 AM
From: mauser96  Read Replies (2) of 14638
 
The report I read said LU revenues were up only 6 % from a year ago. The profits were up a larger percentage indicating that they aren't taking market share, they are becoming more efficient. Considering their AT&T background that shouldn't be too hard, but can only be carried so far. Over the long run, tech stock performance tends to be tied closely to sales. For information on whether NT is actually beating LU, look at their sales figures in the next report.
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