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Technology Stocks : Nortel Networks (NT)

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To: OrionX who wrote (14565)2/14/2007 4:45:24 PM
From: waitwatchwander  Read Replies (1) of 14638
 
I see Brandes bought 5M of their stash during the last quarter of 2006. Do you think they are selling some of their shares today?

As of September 2006, Nortel was one of their top ten holdings.

nasdaq.com

They also increased their Nortel holdings during the summer quarter by 19.6%. It looks like those folks might of been part of the crowd causing the market anomaly around the time Nortel announced the sale of their UMTS business. Do you remember how it got pooh poohed in the press?

Do you think they might know something that we don't?
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