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Technology Stocks : Nortel Networks (NT)

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To: Daniel Simon who wrote (14607)3/7/2008 12:38:14 PM
From: Daniel Simon   of 14638
 
This is ridiculous! It reminds me of a couple stocks I owned that did PIPEs about 10 years back.

Like clockwork, NT is down 5% a day, everyday of late. A dollar worth of NT stock (cash on the books) is selling for 83 cents today. Sigh! At some point it becomes a buyout target...but I'm afraid any buyout price will be so low it won't do me any good. arrgh!
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