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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime
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To: John Paquet who wrote (49913)6/13/2001 9:13:43 AM
From: E. T.  Read Replies (1) of 62347
 
Hello John, I think NT is great at $18 for the long-term. But I don't see business improving in the short term. How many Promatory's will Nortel write-off in the next six months? How up to date is Nortel's vendor financing and how much of that does it plan to write-off. How does Nortel plan to keep the employees at all the dotcoms it has bought in the last two years without rejigging options even further than it has? My bet is that things will get worse before they get better, or we won't see a real bull market until late in the year, maybe. I wouldn't hold NT overnite.
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