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Research company is hopeful on long-term prospects for Nortel Networks

News | 05/21/2002 4:00 am EDT

While Nortel Networks Corp. is being presented as the poster boy for the telecom slump, at least one research firm is optimistic of the equipment manufacturer’s long-term survival. Toronto-based Independent Equity Research Corp., operating under the name eResearch, says in a recently released report that despite Nortel’s troubles, it is still in a strong competitive position.

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