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

To: Pink Minion who wrote (1153)	10/1/1998 11:17:00 AM
From: csm	Read Replies (1) \| Respond to of 14638

>> We indicated that we expected revenues in the third quarter >> to be lower than expected ... >>there appears to have been confusion in the minds of some >> analysts...that we will not meet our quarterly revenue. This from the CEO. Now, who is confused? Stuart.

To: Pink Minion who wrote (1153)	10/1/1998 1:50:00 PM
From: larry pollock	Read Replies (1) \| Respond to of 14638

Roth labels the stock's demise due to confusion on the part of security analysts. I am not a fan of security analysts but, given the magnitude of the drop of our stock price, Roth can't expect shareholders to believe that the analysts are the only ones to blame. Is Roth so utterly arrogant?

To: Pink Minion who wrote (1153)	10/1/1998 3:13:00 PM
From: pat mudge	Respond to of 14638

The reaction of the analysts to the Nortel Networks new brand and how Unified Networks is differentiating our offer to customers was positive. We will continue to see our business strengthen. We also believe firmly that the Nortel-Bay merger is working and that we will continue to see positive response from customers. We need to continue to meet the financial goals we have set for the year by doing our part to make certain that we meet or better our budgets. I'm confident we can do that. I doubt you can be any more clear than this. I was told yesterday NN will meet analysts expectations and I can only conclude today's weakness has to do with the global climate, the unease of NT's earlier ---- misunderstood --- comments, and on FORE's pre-announcement. I think of Churchill's statement, "Dictators ride to and fro upon tigers which they dare not dismount. And the tigers are getting hungry." In this case uninformed analysts being the dictators and truth the tigers. Truth will prevail, though we may have to wait longer than we hoped to see the results. Pat