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Technology Stocks : Nortel Networks (NT)
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To: waitwatchwander who wrote (14567)2/14/2007 5:05:16 PM
From: OrionX  Read Replies (1) of 14638
 
Do you have more recent SEC fillings on that particular ownership? 5 month old data may not be of much value. Btw, fund & institutional ownership may not be correct in reflecting the 1:10 reverse split.


Zafirovski was modest enough yesterday to acknowledge he and his team "have not proved to anybody that we are up to it," in reference to the turnaround. However, his words and his body language suggest he is a lot more comfortable with the idea the job can actually be done.

Zafirovski pretty much sums up my recent comments to you.
Of course you don't want to be late to the party, but with NT being earlier has been costly. What I find odd is that there's little to party for, yet the stock has appreciated over 40%! I can't complain, but I'm not adding more although I would like to. Several analysts I've listened to recently, still wouldn't touch NT regardless of the recent movement.

Thank you for the feedback and best of luck.
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