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NT再度发警告,请求投资人同意逆分股

感觉很不好,经济再这么垮下去,大家都玩玩。。。

Nortel Warns Again, Says Sales Are Weak

By Scott Moritz
Senior Writer
09/25/2002 11:11 PM EDT

In a sign of steeply accelerating declines in networking gear demand, Nortel (NT:Nasdaq - news - commentary - research - analysis) again lowered its sales projections for the third quarter Wednesday saying it now expects revenues to be 5% lower than guidance it gave just three weeks ago.

The struggling telecom equipment maker says sales will be 15% lower than the second quarter's $2.77 billion.

As, anticipated Nortel plans to seek shareholder approval for a reverse stock split that would put the share price somewhere in the range of $10 to $20 and avoid delisting action by the New York Stock Exchange. The shares closed Wednesday up a penny, or 1.6%, to 64 cents.
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