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


To: zbyslaw owczarczyk who wrote (9127)12/26/2000 9:44:38 PM
From: Kenneth E. Phillipps  Respond to of 14638
 
Thanks ZO. Are you aware of how Nortel, a Canadian Company,
acquired such a huge presence in Europe and other parts of the world? Apparently, they had to seek a market for the digital switches which they developed in the 1970s. Those switches were so technologically superior, they enabled Nortel to develop a world wide market.



To: zbyslaw owczarczyk who wrote (9127)12/27/2000 7:10:35 PM
From: Steve Lee  Read Replies (1) | Respond to of 14638
 
"due to general tax cats in UK"

What cuts (or did u mean cats?) would they be. I am paying more tax percentagewise than last year, which was more than the year b4. And the socialist govt is continuing this trend. Headline tax brackets r not increasing but there is ever more legislature taxing us in other ways whether it is through fuel, increasing the scope of sales taxes, increasing the scope of national insurance thru IR35 and construction taxation schemes, the abolition of exemptions such as MIRAS and increasing the scope of stamp duty.

I see a similar trend in the remainder of western europe. I am running my affairs in such a way that the UK govt does not tax me on the majority of my income, as it is based overseas. It is their loss. So where are these cuts and the higher growth?