Mixed results from Nortel, Sun, Gateway, Celestica and Siebel

Nortel Networks reported its Q3 results, which showed a $3.5bn loss, or $1.08 a share, compared to a loss of $586bn, or 17 cents a share a year ago.

Nortel Networks reported its Q3 results, which showed a $3.5bn loss, or $1.08 a share, compared to a loss of $586bn, or 17 cents a share a year ago.

It said sales had fallen as demand for telecommunications equipment slowed.

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