Nortel Networks (NT) Message Board

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Technology Stocks : Nortel Networks (NT)

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To: tom pope who wrote (14519)	6/13/2006 4:29:54 PM
From: Daniel Simon	Read Replies (1) of 14638

NT looks like a serious value looking out a couple years. The telecom equipment market has bottomed out and is poised for several years of growth. NT has clearly been under a financial cloud due to restatements and re-restatements for a couple years now. It is difficult (if not impossible) therefore to put hard numbers on what the financials will look like in 12-24 months. Nevertheless NTs Market cap is only $9B, less than 1 times sales, and eventually this restatement business will end. Once NT has put restatements behind and telecom investment dollars begin to grow, the company should benefit. I'm reminded of K-mart, I bet NT's real estate assets is getting to be worth more than the firm. Can anyone tell me what that 40% jump in accounts payable is due to?

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