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

To: Ian@SI who wrote (9473)	1/28/2001 4:38:35 PM
From: zbyslaw owczarczyk	Respond to of 14638

Ian what Chambers said : is basically repeat what he said on MSDW conference. ``Business in January was a little bit slow,'' Chambers said in a briefing for journalists during the annual meeting of the World Economic Forum. ``The business momentum of most of my customers was very tough in December, and equally tough in January.'' Chambers told journalists that Cisco's staff growth rate will slow ``dramatically'' in the coming months and the company may need to put off some expansion plans until the economic slowdown - - which he says may be a ``two-quarter phenomenon'' -- ends.

To: Ian@SI who wrote (9473)	1/29/2001 11:21:24 AM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 14638

Pandatel Signs Distribution Pact With Nortel Networks (Update1) By Nicole Weimer Frankfurt, Jan. 29 (Bloomberg) -- Pandatel AG's shares rose as much as 16 percent after the German maker of fiber-optic communications products said it signed a distribution agreement with Nortel Networks Corp., the top fiber-optic equipment maker. Under the agreement, Nortel will distribute Pandatel's fiber optic product for metro access in Europe and the Middle East, the company said in a statement on the Frankfurt stock exchange newswire. Pandatel didn't say how much the contract will affect its earnings. The shares rose as much as 8.88 euros to 64.50. Pandatel, whose customers include Time Warner Inc. and Viag Interkom GmbH, has been adding to its sales by expanding in the U.S. Among others, the company signed an agreement with Computer Network Technology Corp., a Minneapolis-based computer storage hardware provider, and opened an office in Miami in July. Pandatel's shares have dropped 59 percent in the past six months, while the CDAX Telecommunications Index has dropped 31 percent. Pandatel has a market value of about 427 million euros ($393 million). Access More Information and Services Above ©2001 Bloomberg L.P. All rights reserved. Terms of Service, Privacy Policy and Trademarks.