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


To: Daniel Simon who wrote (14605)3/5/2008 3:25:22 PM
From: AreWeThereYet  Respond to of 14638
 
Nortel is not alone to be caught on the Tax Loss asset write down but the write down has no impact on the fundamental. In fact, the tax credit is still available for future income. I think the slump is a combination of loss of interest and over-reaction. The industry has a few more years to recover but long term this may look back as a buying opportunity.



To: Daniel Simon who wrote (14605)3/6/2008 6:15:31 PM
From: Daniel Simon  Read Replies (2) | Respond to of 14638
 
Just amazing how little support there is here. Obviously the stock performance is dismal, but right now an NT dollar is selling for 90 cents...
Any idea who is selling? Is this just a mutual fund flush?