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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: GVTucker who wrote (53659)	6/15/2001 8:18:25 AM
From: HH	Read Replies (2) \| Respond to of 77400

Re NT warning... Am I reading this correctly??? 19.2 BILLION ( as in BILLIONS of DOLLARS ) In a statement issued before the markets opened on Friday Nortel, the world's largest supplier of telecom equipment, said it expects a second-quarter loss of $19.2 billion after charges incurred in the restructuring and streamlining of the company. Facing the prospect that customers might not flood back until the second half of 2002, Nortel also said it was adjusting "intangible assets" by $12.3 billion and halting dividend payments.