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Technology Stocks : Nortel Networks (NT)
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To: Daniel Simon who wrote (14605)3/5/2008 3:25:22 PM
From: AreWeThereYet   of 14638
 
Nortel is not alone to be caught on the Tax Loss asset write down but the write down has no impact on the fundamental. In fact, the tax credit is still available for future income. I think the slump is a combination of loss of interest and over-reaction. The industry has a few more years to recover but long term this may look back as a buying opportunity.
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