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


To: Kenneth E. Phillipps who wrote (10186)3/7/2001 4:17:34 PM
From: Ian@SI  Read Replies (1) | Respond to of 14638
 
MSDW comes out with higher estimates for NT than I'd been expecting.

Nortel Networks (NT) 19.14 +0.19: -- Update -- Morgan Stanley Dean Witter reiterates OUTPERFORM rating; lowers FY01 revenue estimate to $29.8 bln from $34.7 bln and FY02 to $34.5 bln from $40 bln; lowers FY01 estimates to $0.50 from $0.80 and FY02 to $0.52 from $0.93.

I hadn't expected to see more than $28B for the current year since the last warning.