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Technology Stocks : Nortel Networks (NT)

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To: lnkennedy who wrote (13755)3/16/2004 12:39:23 PM
From: AreWeThereYet   of 14638
 
They have 13.4 billions liabilities reported in December 31st. Cash and AR total 7 billions. Now I know why Nortel didn't do a equity financing when their stock was $12.00.

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Last I read debt did not exceed cash on hand; 4.0 vs 3.8. Aren't they really in good shape for increased cash flow falling to the bottom line? They've cut employees and are all ahead full with I-tel. Profit should grow once the curtain is lifted on this recurrent accounting issue. neal
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