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

To: Paul Fine who wrote (2246)	3/17/1999 9:25:00 AM
From: Paul Lee	Read Replies (1) \| Respond to of 14638

Would not b the first time Cramer was on the wrong side of a trade Eastern European GSM Operator Awards Expansion Contract to Nortel Networks Poland's PTK Centertel Adds Capacity, Prepares for Future Wireless Data Services PARIS, March 17 /PRNewswire/ - Poland's second GSM 1800 operator, PTK Centertel, has awarded a US$20 million contract to Nortel Networks (NYSE: NT/TSE: NTL) to expand its network coverage and capacity, and to prepare for evolution to future wireless data services. Nortel Networks will supply, install and commission additional radio base station equipment, including the Nortel Networks S8000 BTS, in Krakow, Katowice, Wroclaw and elsewhere in southern Poland. Nortel Networks has been a trusted ally beginning with our first agreement,'' said Marek Jozefiak, general director, PTK Centertel. ''We have been very happy with the overall performance, capacity and reliability of their equipment. We are now looking to them to assist us with the buildout of our network, and to take us through a smooth evolution to wireless data services for our subscribers.'' This latest award, combined with an original equipment and services agreement from September 1997, brings PTK Centertel's three-year investment in Nortel Networks wireless infrastructure equipment to US$53 million. Eastern European countries continue to be a major area of focus for Nortel Networks,'' said Cesar Cesaratto, president, Wireless Solutions, EMEA (Europe, Middle East and Africa), Nortel Networks. As subscriber penetration rates continue to rise in this region, we look forward to supporting customers like PTK Centertel with products that will provide the performance and reliability they require today and ensure a clear transition to wireless Internet and data capabilities,'' Cesaratto said. PTK Centertel, the leading Polish cellular operator, is jointly owned by Telekomunikacja Polska (TPSA), the public operator for Poland's fixed network, as well as France Telecom Mobiles International (FTMI). PTK Centertel currently has 250,000 GSM subscribers and 200,000 analog subscribers.

To: Paul Fine who wrote (2246)	3/17/1999 11:45:00 AM
From: Ok2Launch	Read Replies (2) \| Respond to of 14638

Re: Cramer remarks . . . Looks like Jim Cramer's remarks on CNBC are having some negative effect on NT today, but nobody in their right mind should pay any attention to that self promoting snake oil salesman. If you really want to know all about Cramer, read Alan Abelson's column in Barron's this week (March 15 issue, page 5). CNBC loves Cramer because he is a "character", and a showman.He waves his arms and shouts, and is never in doubt, but his track record as an investor is lousy (up 2% last year).