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


To: tom pope who wrote (14236)11/11/2004 1:29:11 PM
From: Qualified Opinion  Respond to of 14638
 
It seems they're giving themselves more lead time with a range of 30 to 60 days. I guess we'll watch the new contract flow while waiting.



To: tom pope who wrote (14236)11/11/2004 3:19:26 PM
From: OrionX  Respond to of 14638
 
Tom,

I agree 100% with you. Owens shouldn't have given any dates till he was certain or almost certain about a date. Somehow, he felt compelled to give a date which he has had to revise several times. Does not look good on him and I'm sure he'd prefer to not make such a bad impression. However, it would appear to me he's more interested in giving a honest report above all else. Not an easy job for anyone for sure. If this extra time allows NT to get some money back from Roth, I'm all for it.



To: tom pope who wrote (14236)11/11/2004 4:22:10 PM
From: Daniel Simon  Read Replies (2) | Respond to of 14638
 
I believe this "restatement" has become the Canadian Accountant re-employment act. I know that the task may appear monumental, but damn it the company has been in operation for what, 100 years? We first heard about this restatement in March. It is now nearly halfway through November. Now they say 60 more days? How can it take them an entire year to determine what they sold and made/lost last year? Perhaps they can use a novel invention called a computer!

Arrrrgggghhhhh!