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

To: MikeM54321 who wrote (5104)3/22/2000 7:31:00 PM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 14638
 
Mike & Mindmeld, Re Cashflow - I seem to remember that Nortel holds a 20% stake in Avici who is currently deploying their routers in the Enron network. When Avici has its IPO, I expect they will get at least the $1 billion which LU paid for Nexabit. That cashflow should do a lot for Nortel's cashflow. Of course, the lack of cashflow did not prevent them from acquiring Shasta, Clarify, Periphonics, Qtera, Xros and Core-Tek.


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