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


To: Kerry Studwell who wrote (12143)12/23/2001 3:15:12 PM
From: Vahe  Respond to of 14638
 
May be it means that they foresee less of a need for higher credit. In this case it could be perceived as +ive. The same applies for cutting less jobs by 3000 people, because they foresee achieving their target without the need to cut more, therefore it is +ive again. Both are signs of more business confidence going forward.

Vahe