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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (2345)10/27/2000 3:13:16 PM
From: Teri Garner  Respond to of 8925
 
15:09 ET Nortel Networks (NT) 44 3/4 -5/8: Rumors made the rounds on trading floors that company was calling analysts and guiding numbers lower; this appears to have been untrue (and now illegal as well). Also rumors that Goldman was cutting numbers; but Goldman denies this. It appears that the rumors might have stemmed from estimate reductions at Dresdner which simply reflect Tuesday's disappointing report.