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

To: Master (Hijacked) who wrote (7608)10/25/2000 1:31:46 PM
From: Bosco  Read Replies (1) | Respond to of 14638
 
Hi Master - the amount of shortfall is subject to interpretation. Actually, the actual # hits the lo end of 7.3B but the consensus ave of 5 analysts [33 analysts gave earning est but only 5 did revenue!] is 7.6B. That said, the Purple Dinosaur guy said NT broke the trend of failing to beat expectation. I am not a QoQ person and 1 Q is not a trend made. I think it is a matter of seeing if this is an anomaly. Personally, I am cautiously optimistic

best, Bosco



To: Master (Hijacked) who wrote (7608)10/25/2000 1:34:50 PM
From: WiseGuy  Read Replies (1) | Respond to of 14638
 
This is no longer about the slight revenue miss. It is about overall adjustment to tech stock valuations. We're seeing the final leg of capitulation...When the strongest stocks collapsed.


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