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To: John Paquet who wrote (53384)	8/31/2001 2:04:21 PM
From: Rocket Red	Read Replies (4) \| Respond to of 62347

NT losing its market share,don't you read? NT made many bad deals now selling them at big Loses. We see in Oct when NT trades at 5 Bucks. Maybe we should have another Contest 15 Bucks First or 5 Bucks first.

To: John Paquet who wrote (53384)	9/4/2001 7:23:17 PM
From: Jo_Bidou	Read Replies (1) \| Respond to of 62347

John, How do you feel now with NT well under 10$ and with a guidance that the business will be miserable for at least a full year ? Don't worry, be Happy !!! Claude

To: John Paquet who wrote (53384)	9/5/2001 7:15:08 AM
From: Al Collard	Respond to of 62347

UBS Warburg downgraded its price target Tuesday for Nortel Networks shares to $7.15 (U.S.), from $8.50 (U.S.). The Globe's Simon Tuck writes that after the UBS news investors knocked Nortel's shares price back to its lowest point since Sept. 19, 1996. UBS said it now forecasts that United States capital spending will fall by 14 per cent in 2002, compared with this year, a drop from UBS's previous estimate of a spending fall of between 5 per cent and 10 per cent. UBS also said it is chopping its target for Nortel revenue to $20.2-billion (U.S.) and $20.1-billion (U.S.) for this year and next year, to $19.9-billion (U.S.) and $18-billion (U.S.). Six weeks ago Nortel said it did not expect "meaningful growth" in its customers' spending until the second half of fiscal 2002. However the latest evidence suggests the market may get worse before it stages a comeback, says The Globe. UBS said Nortel could respond to its customers' continuing spending slowdown by making further cost cuts and other strategic moves to generate cash.