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

To: Bosco who wrote (3948)12/15/1999 8:58:00 AM
From: Bosco  Respond to of 14638
 
Hello all again - evidently, Qtera is a done deal

individualinvestor.com

Also, slightly off topic but relevant, the same link mentions CSCO warning sale growth slow. My guess is Mr Chambers is doing a MSFT, but it probably will hit the techs big time nonetheless. Hang on to your seats, folks!

best, Bosco



To: Bosco who wrote (3948)12/15/1999 8:59:00 AM
From: Bill  Read Replies (2) | Respond to of 14638
 
Wednesday December 15, 8:40 am Eastern Time

Nortel to buy optical networking firm QTera
(All amounts in U.S. dollars unless otherwise indicated)

TORONTO, Dec 15 (Reuters) - Communications gear maker Nortel Networks Corp. (Toronto:NT.TO - news) (NYSE:NT - news) said on Wednesday it signed a definitive deal to buy privately held optical networking firm Qtera Corp. for up to $3.25 billion in Nortel common shares.

biz.yahoo.com



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