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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (14239)	2/16/2001 9:51:44 AM
From: SJS	Read Replies (2) \| Respond to of 14427

Mike, I gotta admit that I agree with you, but some of this stuff is so far down, it's like giving it away. I am so disgusted on a basic level with NT and it's management. These guys have been consistently mispresenting their business prospects and targets, and look what happens now. They buy the JDSU Zurich laser plant for about 60 Million of NT stock, and then 2 days later, give an earnings warning that cuts their NT stock in half. JDSU's loss? An instant 500 MILLION dollars. As well 3 weeks ago, NT's guidance at their CC was fine. How can a company this large be so fogged in that 3 weeks later, then do a huge downward revision. As well, analysts NOW say that NT is still being optimistic!! Can you believe that! NO ONE BELIEVES THEIR NEW GUIDANCE? I'd join a class action lawsuit in a nano-second. What a bunch of slimeballs at NT. Steve