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


To: royco who wrote (3219)8/23/1999 9:05:00 AM
From: Bosco  Respond to of 14638
 
G'day all - I ve been behind with my pile of paper magazines and finally caught up... I noticed the rumor mill at Robert X Cringley of InfoWorld had a mention of NT

infoworld.com

Specifically, the following excerpt

They probably need a stiff drink in Sun's internal IT department. Apparently, the head of the company's internal IT department wants to outsource all internal support of data center services, and shut down all internal data centers. The same source says Sun is also switching from Cisco to Nortel as its preferred networking supplier -- and that as a result Cisco is considering tearing out its $40 million worth of Sun machines.

In term of $ amount, no biggie even if it is true, but I guess this may lead to other things. So, anyone knows anything?

best, Bosco