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To: sam who wrote (13636)10/27/2000 3:18:52 PM
From: SJS  Respond to of 24042
 
deleted



To: sam who wrote (13636)10/27/2000 3:20:59 PM
From: SJS  Read Replies (1) | Respond to of 24042
 
edited to delete.



To: sam who wrote (13636)10/27/2000 3:23:07 PM
From: SJS  Read Replies (1) | Respond to of 24042
 
Clearly with the data stream of rumor has most, including me, watchful. Probably more than usual.

It get fraying after a while. CNBC reports that 130/208 triple digit session so far this year. In 1999, there were 10. Talk about volatile!!

As for the rumor, while I heard it on CNBC, this was the write up, which I also read:
_________

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.

Steve