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

To: Dave Gore who wrote (7514)	10/25/2000 12:49:30 AM
From: KevinMark	Read Replies (1) \| Respond to of 14638

>>>My favorite example are those analysts that set extremely high price targets on the dot.coms some time back (like Priceline of $100 per share) and then finally downgrade them when they hit $6 or $7. LOL! <<< That should have been expected. My all time favorite, was the downgrade given to Oracle for the CEO's *"body language"* I don't think it get's anymore bizarre, extreme, and down right ridiculous than that. I do applaud CNBC for once, pointing out the obvious. Analysts are dinosaurs soon to be extinct. KM

To: Dave Gore who wrote (7514)	10/25/2000 8:33:31 AM
From: jack bittner	Read Replies (1) \| Respond to of 14638

nt expects to grow earnings 30 to 35% next year, and 40%+ for the total of yr 2000. analysts are concerned that the 30-35% is less than the 40%. but that 30-35% for 2001 is what nt has been saying all along. i think roth now wants to give the market a big upside surprise next time, to change perceptions caused by his prediction of "as much as 12 billion", which he's had to change to "more than 10 billion for yr 2000 revs. all of that said, all the actual numbers are mind bogglingly, delightfully high. they are the "perfection" that everyone says nt is priced for.