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

To: Bosco who wrote (7977)	10/30/2000 5:20:45 PM
From: zbyslaw owczarczyk	Respond to of 14638

Based on Verizon Comm. CC, capex for this year is 18 billion, higher then originally reported, but supported by cash flow, and for the next year will be slightly higher. Huge emphasis on revenue generated by new technology: xDSL, which deployment is at record level!!! (the same reported by SBC Comm.), wireless and internet. Now, it is obvious were most of capex will go, taking into account huge demand for services generated by the next generation networks. As for Lehman action today, he was also concerned about JDSU one day before Q results were released, and this most speculative firm was 100% wrong , like in many cases over the last few weeks. They seems to contradict what companies report and guide. Zbyslaw