 04-18-2006, 11:31 PM | #1 (permalink) | ||||||||
| Admin   rixride is replying to forum games...
Location: Dallas, Texas Rep Power: 5   Gender:  Country:   | Nortel and Siemens to Merge? Someone thinks this is a good idea. Although Nortel (like Avaya) was rated as overweight recently, Prudent Finanical seems to think Nortel and Siemens would make a great couple "Nortel Networks "overweight" Tuesday, April 18, 2006 3:57:37 AM ET Prudential Financial NEW YORK, April 18 (newratings.com) - Analyst Inder M Singh of Prudential Financial maintains his "overweight" rating on Nortel Networks (NT.NYS). The target price is set to $4. In a research note published yesterday, the analyst mentions that additional M&A activity is expected in the industry going forward, following the recent merger of Alcatel and Lucent Technologies. The analyst views a merger of Nortel Networks and Siemens Communications as strategically positive for both companies. Prudential Financial expects a merger to present significant cost saving opportunities and provide impressive scale in the enterprise and carrier markets." __________________ -=Welcome to PBXInfo=- -Become a PBXInfo Supporter -Get more PM Space, Profile Picture, a Signature -Add yourself to Pbxinfo's Frappr -Find Nortel Software | ||||||||
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