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To: RetiredNow who wrote (58882)4/9/2002 7:12:52 PM
From: Eric  Respond to of 77400
 
Nortel is looking a little bit scary here.

If things don't turn in a few qtrs as you mentioned they sure will be in trouble.

This is a golden opportunity for Cisco.



To: RetiredNow who wrote (58882)4/9/2002 7:15:29 PM
From: Dexter Lives On  Respond to of 77400
 
Something troubling to see for Nortel is that they are drawing down their entire credit line.

They were about to lose their LOC. They did the right thing imo, given their circumstances. Of course, now they truly have to live within their means...

Rob