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


To: WiseGuy who wrote (7437)10/24/2000 5:51:37 PM
From: Danny  Respond to of 14638
 
WiseGuy, thanks a lot. Yes, the only difference in terms
of the guidelines compared with last Q is the increase
on EPS for Q4 2000 to low 40% range. Everything else
is almost identical to Q2's report.

I am going to buy some in afterhours at this great price
at 50.



To: WiseGuy who wrote (7437)10/24/2000 5:53:50 PM
From: SJS  Read Replies (1) | Respond to of 14638
 
CC not going super. Stock bid 48 now.

CC' said that NT gear is "fully populated" in most customers. *Hope I heard that correctly.

However, good opps for OC-192 upgrade since the customer is now fully "NTized".

Margin blend go up slightly in Q4. Growth rate goes to 40% plus, which is NT guiding higher.

I think WS is a little surprised, and they don't like surprises. Stuff appears to be OK...but a few surprises on installation, capacity, ramp up in Sept, demand side.

Asking about double-booking, ordering.

Steve

PS: I did not hear 1 comment at all like this: "Congratulations on the quarter".........NOT 1.



To: WiseGuy who wrote (7437)10/24/2000 6:06:46 PM
From: sylvester80  Read Replies (1) | Respond to of 14638
 
Nortel getting pounded after hours. I think the problem as I see it is that sales declined from the previous quarter. The street likes to see either the same sales or higher (higher is better). Any ideas why sales were higher last quarter than this one?