Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: David Hansen who wrote (14253)	11/12/2004 1:27:46 PM
From: upanddown	Respond to of 14638

I heard NT lost out on a big UMTS contract that will be announced next week by the competition... Rob doesn't do negative. He is head cheerleader. Seriously, the inability of NT to get its books in order has to be having a negative effect on current and potential customers. ITM, Wall Street is giving its verdict on the latest disgraceful fiasco by voting with its feet......two day volume will probably be close to 150M.

To: David Hansen who wrote (14253)	11/12/2004 1:47:20 PM
From: OrionX	Respond to of 14638

I heard NT lost out on a big UMTS contract that will be announced next week by the competition... Well, how about being up and up with everyone and telling us what and who? tnx.

To: David Hansen who wrote (14253)	11/12/2004 1:59:11 PM
From: Qualified Opinion	Read Replies (1) \| Respond to of 14638

I wouldn't touch Lucent and its non-cash pension credits as earnings with a ten foot pole. I don't care how much Cramer and Sagawa pump Lucent.

To: David Hansen who wrote (14253)	11/12/2004 4:24:07 PM
From: Cooters	Read Replies (1) \| Respond to of 14638

I heard NT lost out on a big UMTS contract that will be announced next week by the competition... That has been generally known for several weeks now, at least the part about LU and ERICY being the leads. The #3 slot appeared up for grabs between NOK, NT. and Siemens, so looks like Siemens will get it. While not really news any more, it is still amazing NT, with 4 of the 6 UMTS networks up and running at AT&T Wireless, will not even participate in the Cingular contract. This was a marketing failure. On the restatement, my take is Nortel is now being forced to go back 2 more years, to 1999. JMHO, of course. On the positive side, it does appear their margins were and are better than they thought in the summer. I think Owens views this situation a lot like I do. "Why in the hell did I get involved with this!" Cooters