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

To: Kenneth E. Phillipps who wrote (10424)3/27/2001 8:07:43 PM
From: bambs  Respond to of 14638
 
what exactly are they "taking advantage of"? you mean they are taking advantage of the fact that they have little credibility left and their stock is smashed? Why to go NT! Take advantage of the situation.

bambs



To: Kenneth E. Phillipps who wrote (10424)3/27/2001 9:02:37 PM
From: WiseGuy  Respond to of 14638
 
Kenneth, analysts attributed the miss on earnings to pricing pressure.



To: Kenneth E. Phillipps who wrote (10424)3/27/2001 10:01:53 PM
From: Daniel Simon  Respond to of 14638
 
<<The miss on revenues is insignificant compared to the miss on earnings and that ought to tell us something>>

I think it tells us they are pumping up thier loan loss reserves to the tune of $200 million. Maybe they see a couple of shaky customers that they helped finance...

Good luck,
Daniel


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