James Parmelee Quotations

We would assign a high probability to revenue of $145-$150 million and earnings per share a couple of pennies above our view. There is potential for upside as a function of robust demand for terrestrial 980nm pump laser/module shipments.

We conservatively estimate that this business could range in size from $4 billion to $5 billion in 2001.

We are comfortable with our $39 billion-plus sales forecast for 2001, given Nortel's strong product portfolio in optics, wireless, access, and next generation switching.

As the governor's town-hall meetings have evolved into pro-tax rallies, I thought we should come out and have our voices heard.