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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?


To: Zardoz who wrote (8964)12/3/2000 4:58:45 PM
From: Stock Farmer  Respond to of 14638
 
Yours pro-forma, bambs GAAP. Big difference. <EOM>



To: Zardoz who wrote (8964)12/3/2000 5:45:42 PM
From: bambs  Respond to of 14638
 
A look at NT's Financials

earnings highlights...actual

siliconinvestor.com

Cleary, NT reports a negative eps. or a massive loss per share. NT is on pace to report nearly $1 loss per share this year. 1997 was the last year that NT report actual positive earnings share.

Income for Primary EPS -2,061,000,000 for 9 MONTHS ENDING 9/30/00

siliconinvestor.com

Cash flow...negative net change in cash for the last 2 years.

siliconinvestor.com

Look at the profile on NT at yahoo.

biz.yahoo.com

shows a -$0.65 earnings per share.
Price/Earnings ratio listed as N/A.

I don't see how NT could have a PEG ratio when they have no earnings. This is a subject that I have brought up many times. I believe that for some reason NT is reported on many websites as having earnings. Check the SEC filings. They are report a net loss. Analysts often are quoted as saying that NT has a p/e of near 50 or what ever...It's totally false. I think these site and analysts open themselves up to lawsuits when they report NT to have a p/e. Clearly they are talking about operating earnings and are misrepresenting the facts. If I were a NT shareholder I would consider getting involved in a class action suit against these people that constantly report NT to have earnings when they don't. I believe that many shareholders have bought NT believing they report positive earnings. This is not the case. As listed in the yahoo profile...NT reports loss 1.89 billion dollars a year. This information if reported properly would surely surprise many shareholders. I believe the facts are misrepresented and often people buy NT shares on this false information.

look no further then the link below:

siliconinvestor.com

P/E...0.00
EPS -0.65
EPS growth rate N/A (they are not growing earnings right now, sorry)

Again, look at the trend in EPS.

siliconinvestor.com

Earnings per share
1997 $0.390
1998 $-0.565
1999 $-0.131
2000 $-0.720 (with one more quarter left)

Bambs