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

To: The Phoenix who wrote (6658)	8/30/2000 4:19:35 PM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 14638

"Nortel's the Play" We knew that didn't we? SiliconStreet.com By Adam Lashinsky Silicon Valley Columnist 8/30/00 7:00 AM ET URL: thestreet.com Wonk Alert "Denver's the place to be this week for market pros seriously interested in optical networking, those newfangled networks that run on light impulses rather than electrons. The event is the National Fiber Optic Engineers Conference, the annual meeting of a bunch of folks who must be tickled silly that the rest of world suddenly is interested in them. Tom Astle, a Merrill Lynch analyst who watches the optics world from Canada (home to Nortel (NT:NYSE) and the part of JDS Uniphase (JDSU:Nasdaq) that isn't in Silicon Valley), reports to clients that the major themes he's been watching have been confirmed in Denver: It's tough for optical companies to get parts (that's good for component makers); the industry still is in its early stages (that's good for momentum investors); and Nortel is getting bigger and bigger (that's good for Nortel). Indeed, Astle notes that California market research firm Dell'Oro Group used the Denver conference, which runs through Thursday, to announce that Nortel's market share for global optical systems has risen to 43% this year from 29% a year ago. "Nortel's the play," he says of the old Canadian phone-equipment company whose shares, at $80, are up sixfold over the last year..."

To: The Phoenix who wrote (6658)	9/4/2000 1:16:55 PM
From: telecomguy	Read Replies (2) \| Respond to of 14638

Gary, just got back from Europe (vacation) & say your post on free Long Distance gimmick launched by AT&T. "AT&T Corp. plans to announce today that it will temporarily give away local phone service in 10 U.S. markets including some parts of the Bay Area, marking its biggest effort yet to capture a piece of the $60 billion local telephone business. Customers who sign up for AT&T local service between Sept. 1 and Nov. 15 will receive free local calling through January. With some plans, subscribers can also get free long-distance. AT&T, of Basking Ridge, N.J., will waive most taxes and fees during the period for customers gained during the promotion. AT&T's latest promotion covers two dozen Bay Area communities, where AT&T now provides phone service over its cable lines. It doesn't include San Jose, San Francisco or Oakland, which don't have the service." First of all, do you really think AT&T will be giving away free long-distance service? Secondly, I am not sure why you posted this. It seems as if you are trying to imply that NT will now be in trouble since NT was heavily involved in circuit-switched networks. You should now be very aware that NT is no longer supplying analog, circuit-switched equipment to only the TELCOS. Thirdly, NT appears to be spearheading the development of sophisticated systems which will ALLOW the ISP's, Telcos, PTT's and ANY network service providers to DIFFERENTIATE and PRICE services accordingly. My question to you is this..... what is the implication of this announcement by AT&T to NT and CSCO? You must have some thoughts on this issue otherwise you would not have posted this? :)