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Strategies & Market Trends : 2002 Canadian Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: quasi-geezer who wrote (39)	12/24/2001 11:19:35 AM
From: Al Collard	Read Replies (1) \| Respond to of 1590

Okay, your in with Nortel fallen_cowboy. Merry Christmas to you. Regards, Al

To: quasi-geezer who wrote (39)	12/24/2001 11:57:36 AM
From: Al Collard	Read Replies (2) \| Respond to of 1590

The 2002 Stock-Picking Challenge Picks So Far: Jan.1st ENTRY CASH ENTRANT STOCK #SHARES PRICE VALUE 1st.mate SWG-t @$ $20,000.00 Al Collard GAC-t @$ $20,000.00 Cush KCA-t @$ $20,000.00 Daytek77 ACA-t @$ $20,000.00 fallen_cowboy NT-t @$ $20,000.00 Frankly Speaking BAY-t @$ $20,000.00 geoffb_si OSI-t @$ $20,000.00 hx4 WIN-t @$ $20,000.00 Miner DMX-t @$ $20,000.00 MrsNose GTG.b-t @$ $20,000.00 Rocket Red CTI-t @$ $20,000.00 The Osprey IW-t @$ $20,000.00 vds4 NT-t @$ $20,000.00 To all entrants: More than one entrant can take the same pick since we will be able to trade individual stocks throughout the year. Regards, Al

To: quasi-geezer who wrote (39)	1/1/2002 2:47:05 PM
From: Al Collard	Respond to of 1590

Hi fallen_cowboy, Your in with NT-t @$11.90 for 1,680 shares. Chart for Nortel Networks Corp: stockcharts.com[w,a]djcaniay[dc][pc20!b50!b100!b200!f][vc60][iUb14!Ll14!La12,26,9!Lh14,3!Lc20] Good luck in the 2002 Canadian Stock-Picking Challenge. May all your 2002 trades be profitable. Regards, Al

To: quasi-geezer who wrote (39)	1/10/2002 6:56:00 AM
From: Al Collard	Respond to of 1590

NT-t...in the news: Globe says analysts expect Nortel to grow in 2002 Thu 10 Jan 2002 The Globe and Mail reports in its Thursday, Jan. 10, edition that Nortel Networks was recommended Wednesday by a team of Scotia Capital market watchers. The Globe's Caroline Alphonso writes that Scotia Capital analyst Andy MacLean says this year holds much promise for Nortel. "Nortel still has the best products and is positioning itself fairly well for growth in wireless network," says Mr. MacLean. "I think in this market you can use the volatility that we're seeing to your advantage," he says. "So on pullbacks, on negative news, that's what I would use as entry points for tech." In a survey of 71 managers conducted by Towers Perrin, Nortel was cited most frequently. Mr. MacLean says valuations for Nortel have pulled back to "more reasonable levels" and the stock will likely move up to the high teens by the end of the year. Among technology stocks, Mr. MacLean favours Nortel and Microsoft. Nortel stock slipped eight cents to close Wednesday at $12.91. The stock has risen 8 per cent since the start of 2002.

To: quasi-geezer who wrote (39)	1/17/2002 5:29:27 PM
From: Al Collard	Respond to of 1590

NT...in the news: Nortel Networks Reports Results for Fourth Quarter and Year 2001 fin-info.com

To: quasi-geezer who wrote (39)	5/13/2002 8:31:59 AM
From: Al Collard	Respond to of 1590

NT-t...in the news: Nortel Networks Corporation, Nortel Networks Limited to File Shelf Registration Statement in United States and Base Shelf Prospectus in Canada fin-info.com

To: quasi-geezer who wrote (39)	5/21/2002 7:15:23 AM
From: Al Collard	Respond to of 1590

NT-t...in the news: Globe says Nortel takes aim at enterprise business The Globe and Mail reports in its Monday, May 20, edition that Nortel Networks is launching a new large-scale attack on a traditional market as the firm continues its search for a comeback trail. The Globe's Simon Tuck writes that Nortel is adding fresh resources and focus to its enterprise business. That operation offers corporate customers a wide-ranging portfolio of products, allowing them to use and link their telephones, computers and other telecommunications devices. Nortel says it is aiming to emerge from a pack of about a handful of large industry players to become No. 2 in the lucrative enterprise market behind Cisco Systems. Nortel's efforts to boost its enterprise business include key new additions to its product portfolio, a new advertising campaign and 60 new sales channels in the past 90 days. The early returns are strong, with positive reviews and big contract wins from the likes of Home Depot and International Business Machines. Frank Plastina, president of Nortel's metro and enterprise networks business, says Nortel lost sight of its enterprise business in recent years as the company's outrageously successful fibre optics business soared in the late-1990s.

To: quasi-geezer who wrote (39)	7/5/2002 9:19:22 AM
From: Al Collard	Read Replies (1) \| Respond to of 1590

NT-t...in the news: NP says Nortel Networks could go bankrupt Fri 5 Jul 2002 The National Post reports in its Friday, July 5, edition that a new study says Nortel Networks' sales and operating earnings look likely to fall short of bank covenants and the company will be forced into another round of job cuts. The Post's Ian Karleff writes that Rosen & Associates analyst Mark Rosen issued a 12-page report on Nortel in partnership with Caldwell Securities Thursday detailing the predicament the telecom equipment vendor is facing, despite a recent, and highly dilutive, financing that has seen the shares pushed down to 16-year lows. "They could be faced with another spiral situation. It's really up to a recovery in the industry. There is nothing they can do to spark that. They will need a few bankruptcies in the industry among competitors to spark this," said Mr. Rosen, adding that Nortel itself could fall victim. Barring bankruptcy, Mr. Rosen concludes more job cuts or additional financing will be necessary if Nortel is to survive, as the company edges "close to the market's liquidity comfort level by the end of 2003." Legg Mason analyst Timm Bechter figures the market is already pricing Nortel stock with even odds on a bankruptcy.

To: quasi-geezer who wrote (39)	8/1/2002 7:03:03 AM
From: Al Collard	Respond to of 1590

NT-t...in the news: China Mobile Selects Nortel Networks to Grow GSM Network in Shaanxi Province fin-info.com Start Amadeus Selects Nortel fin-info.com

To: quasi-geezer who wrote (39)	8/29/2002 4:15:40 AM
From: Al Collard	Respond to of 1590

NT-t...in the news: Nortel Networks/Netas Selected For Aycell GSM Network Expansion; Wireless Equipment Purchase Expected To Improve Coverage In Turkish GSM Market fin-info.com

To: quasi-geezer who wrote (39)	9/3/2002 8:21:45 AM
From: Al Collard	Respond to of 1590

NT-t...in the news: Chunghwa Telecom Selects Nortel Networks To Build Taiwan Optical Backbone; Plans To Fulfill Goal of Providing Island-Wide Universal Broadband Access fin-info.com NP says more job cuts and charges loom for Nortel The National Post reports in its Saturday, Aug. 31, edition that Gimme Credit analyst Carol Levenson, in a note to institutional investors, says Nortel Networks will likely face more job cuts, take an $800-million (U.S.) restructuring charge and be forced to restructure its bank covenants. The Post's Robert Thompson writes that Ms. Levenson's note follows last week's earnings warning from Nortel, which did not refer to the charges it would face for its proposed restructuring. Nortel said only that it would come in $270-million (U.S.) short of its financial guidance for its third quarter ended Sept. 30. Ms. Levenson, however, says she expects the charge to be in the range of $600-million (U.S.) to $800-million (U.S.), half of which is expected to be in cash. Ms. Levenson says even after the announced job cuts and if sales stabilize, Nortel will not make money in the third quarter. She says, "This implies even more restructuring ahead." Unnamed sources tell the Post that another 5,000 to 7,500 jobs may be cut by the end of the year. Also, Ms. Levenson believes Nortel's earnings targets will be tough to achieve and will likely lead to the firm renegotiating its bank covenants.

To: quasi-geezer who wrote (39)	9/3/2002 11:41:56 PM
From: Al Collard	Respond to of 1590

NT-t...in the news: Nortel Networks To Build New Data Networks For China Mobile In Shanghai, Zhejiang; Optical Ethernet Solutions To Support Business Continuity, Accelerate Wireless Data Tra fin-info.com

To: quasi-geezer who wrote (39)	9/11/2002 9:06:31 AM
From: Al Collard	Respond to of 1590

NT-t...in the news: Globe/Reuters say Merrill cuts Nortel cash outlook The Globe and Mail reports in its Wednesday, Sept. 11, edition that a Merrill Lynch Canada study says Nortel Networks' cash cushion at the end of 2003 will have significantly less padding after the firm pays for staff cuts and discontinued operations. A Reuters News Agency dispatch to The Globe reports that Merrill analyst Tom Astle slashed his forecast for Nortel's projected cash position at the close of 2003 to $992-million from $2-billion (all figures U.S.). The revision comes after factoring in higher costs for Nortel's latest round of job cuts. Previous estimates were based on calculations of $60,000 in costs per employee, but that increased to $90,000 because this round of cuts affects more senior staff, the analyst wrote. Mr. Astle trimmed his estimate for Nortel's cash position at the end of 2002 to $2.66-billion from $3-billion. He estimates Nortel will take a cash charge of $589-million in 2002 to cover layoffs and discontinued operations, and will take another $1.1-billion charge in 2003. Mr. Astle said cash levels at Nortel should be carefully monitored, but he suggested the company has adequate liquidity, at least until the end of 2003.