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


To: The Ox who wrote (13808)4/28/2004 10:27:29 AM
From: Krikor  Respond to of 14638
 
I will probably be buying when it goes below $5CND, but I am more interested to know when the re-instatement will be over so we have the re-instated figures and go one from there.

As far as I understand it their 2003 net earnings will be divided in half however the rest of the earnings will not disappear it will offset the losses in 2002, basically they overdid their losses in 2002 and accrued their revenues in 2003 to show a better picture.

KG



To: The Ox who wrote (13808)4/28/2004 10:27:44 AM
From: The Ox  Respond to of 14638
 
GMP Securities Raises Nortel To Buy From Reduce >NT

Here's a company with guts. Jumping in the eye of the hurricane.