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Technology Stocks : Nortel Networks (NT)

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To: The Ox who wrote (13777)3/17/2004 3:19:50 PM
From: Daniel Simon  Read Replies (3) of 14638
 
I am surprised the reaction/selloff has been so small, only about 20% since the announcement. I mean they just suspended their CFO and comptroller! in the middle of a 3 yr revenue restatement! And not a peep about why! I am (perhaps unwisely) holding my shares and praying that actual restatement is not 10-100x previous indications. Who are these freaks that believe suspending your financial department is a buying opportunity? Ever heard of Bre-X? Another Canadian special.
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