Nortel - gehts heute bergauf ??

U.S. Fiber-Optic Spending Predicted to Rise by
                 42%, WSJ Says
                 By Miriam Kenner

                 San Francisco, Oct. 30 (Bloomberg) -- Spending in the U.S. fiber-optic data
                 transport system industry will grow by 42 percent, a report by San-Francisco-based
                 researchers Ryan Hankin Kent Inc. predicted, the Wall Street Journal said, citing
                 the report.

                 RHK's report, to be released today, expects industry spending to rise from the
                 current $20.6 billion to $29.3 billion in 2001. The study puts Nortel Networks Corp.
                 in the lead in North America's optical equipment market, above rival Lucent
                 Technologies Inc., the WSJ said.

                 ``If anything is going to suffer it's not going to be optical,'' said Dana Cooperson,
                 RHK director of optical networks, the paper reported.

                 Brampton, Ontario-based Nortel shares plummeted last Wednesday when the
                 company announced optical-equipment sales fell in the third quarter, triggering a
                 sell-off of other industry companies, the paper said.

                 (Wall Street Journal, 10/30)