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


To: Ken Twining who wrote (910)9/29/1998 12:58:00 PM
From: Shanti  Read Replies (1) | Respond to of 14638
 
Nortel has been halted to the TSE anybody know why ??



To: Ken Twining who wrote (910)9/29/1998 12:59:00 PM
From: Intel Trader  Respond to of 14638
 
sorry to say, make that -5 1/4. NT trading halted.

it



To: Ken Twining who wrote (910)9/29/1998 12:59:00 PM
From: daaan  Respond to of 14638
 
stock halted



To: Ken Twining who wrote (910)9/29/1998 1:01:00 PM
From: getgo234  Read Replies (1) | Respond to of 14638
 
At approximately 12:58pm EST trading halted on NT. Last trade 35 1/2
down 5 1/2 on the day.



To: Ken Twining who wrote (910)9/29/1998 1:40:00 PM
From: Anthony Wong  Read Replies (1) | Respond to of 14638
 
TORONTO (Dow Jones)--Northern Telecom Ltd.'s (NT) stock was trading at a
52-week low when it was halted, after company executives told analysts Tuesday
morning that the company would fall short of revenue expectations for 1998 and
1999.
The current revenue forecasts for the company weren't immediately available.
One analyst, who asked not to be identified, said Northern Telecom, a big
supplier of telecommunications equipment, still aims to meet earnings
forecasts.
Northern Telecom is expected to earn US$1.83 a share in 1998 and US$2.30 a
share for 1999, according to First Call.
At the halt, Northern Telecom was down 7.40, or 12%, to 54.30 in Toronto and
down 5 1/4, or 12.9%, to 35 1/2 in New York. The stock has traded 1.94 million
shares in Toronto and and nearly 3.5 million shares in New York Tuesday.
(MORE) DOW JONES NEWS 09-29-98
01:06 PM