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

To: FESHBACH_DISCIPLE who wrote (8571)	11/16/2000 6:40:27 PM
From: zbyslaw owczarczyk	Read Replies (1) \| Respond to of 14638

re: Bell South, they said eps will suffer b/c of spending for DSL!!!!! Feshbach , this means that demand for broadband gears is doing very well. You see you try to bring negative case, but this in fact is good news for vendors. Now expact RBOCs coming with forecast for higher spending ------------------------- Atlanta, Nov. 16 (Bloomberg) -- BellSouth Corp., the dominant local-phone company in the southeastern U.S., said it expects earnings per share next year to grow by 7 percent to 9 percent, down from a previous forecast of 13 percent to 15 percent. The shares fell 7 percent in after-hours trading. The new 2001 estimate includes the effect of entering the Colombian market and adding more customers for DSL high-speed Internet access than previously forecast. The earlier profit growth estimate didn't include those two items, spokeswoman Pattie Kushner said. BellSouth said it expects to triple its DSL customers to 600,000 next year. The Atlanta-based company also may restructure its residential video entertainment business and take an unspecified charge against earnings. BellSouth shares today fell as much as $3.25 to $46 in after- hours trading. They fell 38 cents to $49.25 in regular New York Stock Exchange trading. Zbyslaw