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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: CharlieChina who wrote (50952)	6/27/2001 1:49:42 PM
From: Vitalsigns	Read Replies (1) \| Respond to of 62348

No offence taken Nich and thanks, here's my opinion , for what its worth. When TRP was in a similar situation and dropped to $9.90 , i gave it a screaming buy as well when everyone else was running for the hills. They had many hidden assets that were also discounted immensly and no one cared about the fact that Natural gas was being installed in every new sub division, Factory and industrial park. They lowered their dividend but with the price drop it was still at 10% which meant you got your money back in 10 years just with the Dividend while we waited for restructuring. Since then the stock has since doubled, the dividend increased and the return on investment was phenominal. Yet the weeks during its lows the same adviser who were once promoting it at $20 to the pensioners were telling them to sell and get out. Those same adviser should have been promoting it at $10 but I figure their own investment Bank head office was too busy buying up the stock for their own coffers so that they can then re sell these shares back to the pensioners later when TRP was looking better So now with NT, Canada, and its global impact. If they let NT fall, they might as well close down the TSE as no one from outside these borders will want to invest in any Canadian company ever again. It was only Last September NT hit its high, In December , Roth assured everyone everything was fine, Mid January things needed to be adjusted downwards and now today the markets are calling for an end to Nortel in less than 9 months . Makes Bre-x look like a walk in the park if NT did actually go under . The big difference is NT has Assets, Contracts, and leading edge technology. 70% of the world population is still yet not hook up to the internet, they will not be hooked up by the usual Fibre Optics systems because that is now too expensive and lengthy to hook up. Wireless is still the easiest and chepest route for most of these countries to go. That is why NT recently landed wireless contracts in 27 of the 34 Provinces in China. They are number 1 in wireless. Also the next swing in technology will be the Miniature server market that will reside in almost every aspect of our lives , The Fridge, the Light switches, Coke machines, Utility Boxes, etc etc, and guess whos a part of that infrasturcture? You guessed it , NT. Yesterday more news on that front came out biz.yahoo.com This is not a daytrade position for me , but a bet against the crowd. Calculated risk based on possible outcomes and probabilities. Nt has many assets that are being severely Discounted because of a projected loss and future projections based on telecom spending in the Fibre Optics segment. The loss was something everyone expected and was telling Roth over the last few months to take the whole lump in one shot. He does so and the Market is still unhappy because it was so large LOL. . I see the write off as a necessary evil to wipe the slate clean of any excess and provide a new starting point in which to exceed going forward. The bar has been dropped so low and with no guidance , Roth can almost no longer disappoint the street . The cycle begins a new. Vitalsigns