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Technology Stocks : Nortel Networks (NT)

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To: Martin Goldenberg who wrote (2487)4/22/1999 10:11:00 AM
From: Bosco  Read Replies (1) of 14638
 
Hi Martin, no, no speculation <vbg> If memory serves, LU has had $800MM contract carry over. By the same token, NT has managed close several major wireless deals after the last Q release. So, there is some cushion there. If Paul is correct to see some slack in the datanetworking area, NT should still be ahead overall [by the rationale that the wireless deals are bigger.] Ultimately, I do not like to raise expectation. I do not like being trashed by regional outfit either. We all have toiled hard holding NT when it was out of favour and it is absolutely outrageous to let people roll the stock so they could get some cheap shares!

best, Bosco
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