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

To: sylvester80 who wrote (7447)	10/24/2000 6:20:27 PM
From: zbyslaw owczarczyk	Read Replies (1) \| Respond to of 14638

This forecast (35%) is the same NT gave in July. They also gave 25% in 1999 for FY2000 and we get 40%!!!!!!! Zbyslaw

To: sylvester80 who wrote (7447)	10/24/2000 6:23:58 PM
From: Danny	Read Replies (1) \| Respond to of 14638

TheStreet.com editor is a jerk. As one of the earlier post indicated, NT has been forecasting the growth of 30-35% for 2001 ever since this July when it reported Q2 earning. Where the hell is this "lowering the estimate" coming from? Yes, rev number is a bit disappointing, but at 49, I think NT shares has been ajusted to that. I can't see how it could go significantly lower from here.