Even the bankers hardly agreed with each others on what is going on with NT. However, this quarterly report is not a suprise at all. NT called back some layoff employee end of last year. It means the reconstruction could be overdone. That should be a good sign. Even OBJ still published negative comments from some analysist, it is not hard to figure out that this time NT may beat the expectation.
However, I would suggest walking away from NT now if you have not bought any NY stock. Wait for the second quarter. This year is still a tough year to telecom, the price may go lower later. We will see.
However, I would suggest walking away from NT now if you have not bought any NY stock. Wait for the second quarter. This year is still a tough year to telecom, the price may go lower later. We will see.