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Technology Stocks : Nortel Networks (NT)
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To: telecomguy who wrote (4075)12/28/1999 11:11:00 PM
From: t2  Read Replies (1) of 14638
 
I was noticing how BCE started to outperform NT in the last week of trading. Considering its undervalued assets, it is probably even a better stock to own than NT. At least the risk/reward appears to be better in BCE.
I think they got their approval (income tax ruling)to pay out NT shares as some sort of dividend. When that happens, they won't be challenged by Revenue Canada as long as they proceed exactly as set out in the Advanced Tax Ruling.(i am sure they will)

Actually, i am more bullish on BCE and i have been buying call options on that one in addition to shares. Looking to unload the options in January but hold on to the shares.
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