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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: im a survivor who wrote (18243)	11/20/2000 7:14:57 PM
From: Dalin	Read Replies (1) \| Respond to of 65232

Stolen from the JDSU thread: NORTEL REAFFIRMS GUIDANCE FOR 2000 and 2001. This is big! Investors have been punishing a lot of stocks based upon fears of slowdowns. It should have come out in NT's guidance this evening. I think we are at an "inflection" point on the Nasdaq. NT will be a huge catalyst, IMHO. This is going to be catalyst. Monday November 20, 6:51 pm Eastern Time Nortel reaffirms financial guidance for 2000, 2001 NEW YORK, Nov 20 (Reuters) - Communications equipment maker Nortel Networks Corp., whose stock has been hit by fears of lost contracts and layoffs, on Monday reaffirmed its financial guidance through 2001, saying it continues to see strong growth in sales of optical, wireless and Internet equipment. biz.yahoo.com Nortel (NYSE:NT - news) (Toronto:NT.TO - news), which will host an investor conference in Boston on Tuesday, said it expects its 2000 revenues and earnings from operations to show growth in the low 40-percent range. It expects its optical Internet revenues to grow more than 125 percent in 2000 to more than US$10 billion. For the fourth quarter of 2000, Nortel expects its revenues to be US$8.5 billion to US$8.8 billion, with earnings from operations of 26 cents a share. That earnings outlook is consistent with its previous guidance and is in line with Wall Street expectations, according to research firm First Call/Thomson Financial. For the full year 2001, Nortel expects to outpace the overall market growth of 20 percent. It expects its revenues and earnings per share from operations to grow by 30 percent to 35 percent. In the first quarter of 2001, it expects revenues to be US$8.1 billion to US$8.3 billion, and earnings from operations to be 16 cents share. The earnings guidance matches Wall Street forecasts, First Call said.

To: im a survivor who wrote (18243)	11/20/2000 7:16:16 PM
From: stockman_scott	Read Replies (2) \| Respond to of 65232

<<I agree....they make those damned stock listings so hard to understand>> Maybe I should sue Schwab....their online Web site clearly did NOT understand my true intentions this year <VBG>....Last year I had a triple digit return and this year I have a negative return....This is clearly a matter for the courts to decide. Why should I be reasonable and accept Schwab's machine counted results for my account? I demand a re-count...lol. Best Regards, Scott BTW, Sometimes its healthy to laugh at our Political System and the crazy folks involved in it...;-)