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

To: Glenn McDougall who wrote (2206)	3/13/1999 10:27:00 AM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 14638

The news that BCE may be looking for an equity stake in Ameritech or SBC seems very significant for Nortel shareholders. If you read the foregoing post carefully, you can envision the combined SBC-Ameritech being a captive client of Nortel whereas Bell Atlantic/GTE would buy nothing from Nortel because they would own a stake in a competing Canadian company. I can almost hear Lucent screaming for BCE to spinoff Nortel much as ATT did with Lucent. I understand the SBC-Ameritech combo would give SBC 1/3 of the residential market it the US as their ILEC. This would be the market for Nortel with their 1 Meg modem. Any comments welcome. Ken