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To: The Reaper who wrote (53473)	12/10/1999 2:35:00 PM
From: MileHigh	Read Replies (1) \| Respond to of 152472

Friday December 10, 2:08 pm Eastern Time Company Press Release SOURCE: Nortel Networks Corporation Nortel Networks Signs Supply Deal With AT&T for Digital Wireless SEATTLE, Dec. 10 /PRNewswire/ - With a unique e-business relationship designed to enable more rapid response to continued, strong demand for wireless services, Nortel Networks (NYSE/TSE: NT) has secured a supply agreement with AT&T (NYSE:T - news) for wireless network equipment and services that could be worth US$600 million over three years. A key part of the multi-vendor strategy AT&T announced in August, Nortel Networks plans to leverage this relationship to play a role in increasing the capacity, coverage, reliability and cost efficiency of the nationwide AT&T Wireless network. ``This relationship with Nortel Networks will help us stay ahead of growing wireless demand as reflected in the success of many of our bundled services, including Digital One Rate and AT&T's Wireless Family Plan,' said Dan Hesse, president and chief executive officer, AT&T Wireless Services. Nortel Networks is expected to supply TDMA IS-136 wireless equipment and services in Arizona, California (including Los Angeles), Nevada, Oregon and Washington. Nortel Networks also expects to play a role in the evolution of the AT&T Wireless network to 3G.IP, an IP (Internet Protocol) architecture for third- generation (3G) mobile communications services. AT&T Wireless Services, Inc. operates one of the largest digital wireless networks in North America providing wireless voice and data communication services. AT&T Wireless Services, Inc. is a wholly owned subsidiary of AT&T Corp. (NYSE: T - news), the world's leader in telecommunications services and technology. Nortel Networks is a global leader in telephony, data, wireless and wireline solutions for the Internet. The Company had 1998 revenues of US$17.6 billion and serves carrier, service provider and enterprise customers globally. Today, Nortel Networks is creating a high- performance Internet that is more reliable and faster than ever before. It is redefining the economics and quality of networking and the Internet through Unified Networks that promise a new era of collaboration, communications and commerce. Visit us at www.nortelnetworks.com. Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price and product competition; the dependence on new product development; the impact of rapid technological and market change; the ability of Nortel Networks to integrate the operations and technologies of acquired businesses in an effective manner; general industry and market conditions and growth rates; international growth and global economic conditions, particularly in emerging markets and including interest rate and currency exchange rate fluctuations; unanticipated impact of Year 2000 issues; and the impact of consolidations in the telecommunications industry. For additional information with respect to certain of these and other factors, see the reports filed by Nortel Networks with the United States Securities and Exchange Commission. Nortel Networks disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. (x) Nortel Networks, the Nortel Networks Globemark, Unified Networks and How the world shares ideas are trademarks of Nortel Networks. (x) AT&T and AT&T Digital One Rate are trademarks of AT&T Corp. SOURCE: Nortel Networks Corporation

To: The Reaper who wrote (53473)	12/10/1999 3:00:00 PM
From: JT	Respond to of 152472

I know what you are saying, but the last experience I had was 1997, I was there myself, I could not believe all the cash rush into this country, even the Japanese were buying US dollars. Believe me, I was there and US is not going to allow this happen. I did not believe it until I saw it with my own eyes. The Taiwan president was telling people to relax, they've already contacted US government. I did not believe him but it was all truth. The earth quack is more damage then the war threat. By the way, I just came back from Taiwan. I travel to Taiwan a lot.