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To: Andrew who wrote (48690)	3/27/2001 4:47:43 PM
From: bigbuk	Read Replies (1) \| Respond to of 62347

<font color=red> NT WARNS ROFLOLOLOLOLOLOL Tuesday March 27, 4:43 pm Eastern Time Press Release Nortel Networks Sees First Quarter Below Expectations TORONTO--(BUSINESS WIRE)--March 27, 2001--Nortel Networks Corporation(a) (NYSE:NT - news; TSE:NT. - news) today announced that its results for the first quarter of 2001 are anticipated to be below the Company's previously stated expectations. Nortel Networks now expects revenues in the range of US$6.1 billion to US$6.2 billion and a loss per share from operations (b) in the range of US$0.10 to US$0.12 for the quarter. This is below the Company's previous estimates of US$6.3 billion of revenue and loss per share from operations(b) of US$0.04 provided on February 15, 2001.