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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?


To: MikeM54321 who wrote (3102)7/28/1999 4:40:00 PM
From: Kenneth E. Phillipps  Respond to of 14638
 
CIBC World Markets upgrades Nortel from hold to strong buy

zdnet.com



To: MikeM54321 who wrote (3102)7/28/1999 4:49:00 PM
From: Kenneth E. Phillipps  Read Replies (2) | Respond to of 14638
 
Mr. Fun and Paul Fine, in their reports on the conference call, did not mention that John Roth reported a 50% increase in sales of optical network gear and DWDM technology. With the announcement today by Level 3, this means Nortel is now supplying all three major public networks - Level3, Williams, & QWest - with transport and optical network gear including DWDM technology and the Nortel network management software. This is a terrific vote of confidence for Nortel by some major players. It appears to me that Nortel is now the undisputed leader in supply optical networking gear. Any comments?

Ken