SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?


To: SJS who wrote (9222)1/11/2001 1:12:51 PM
From: Daniel G. DeBusschere  Read Replies (2) | Respond to of 14638
 
``I think it's good news and in fact prudent of them,'' Henderson said.

Solomon Smith Barney analyst Alex Henderson said Nortel's decision to freeze its staffing makes sense given the weak economic climate and widespread concerns that customers such as phone companies are slashing their spending plans.
******************
This action at least addresses the above perception true or not. Congrats to NT management on this move.