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

To: Filippo Zucchi who wrote (692)	9/11/1998 8:27:00 PM
From: Kenneth E. Phillipps	Respond to of 14638

Filippo: Go to news-observer.com and search on the word "Nortel"

To: Filippo Zucchi who wrote (692)	9/11/1998 8:45:00 PM
From: WiseGuy	Read Replies (1) \| Respond to of 14638

Filippo, got the link here, but it no longer works-don't know why. Message 5649213 Apparently though, the street is looking past NT's reiteration of growth at the possibility of slowdown in PBX business related to or evidence of layoffs. If the layoffs were truly for competitiveness and not because of any slowdown in core business, expect the stock to bounce back to original level (54ish). Street concern is valid. NT needs to prove that it's right, like Intel did so when Tom Kurlak posed concerns contrary to what Intel was saying.