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

To: Paul Fine who wrote (2014)	2/12/1999 10:24:00 PM
From: Chris Stovin	Read Replies (2) \| Respond to of 14638

I hope you don't mind if I ask an RRSP question here....to all of the financial managers out there My question is on the foreign content rule....I am allowed to hold 20% of my RRSP in foreign securities...does the 20% refer to my current balance in my RRSP..or does it refer to my original investment? For Example: If my cash contribution over 10 years amounts to lets say $100,000 and investment income adds another $100,000 then does my allowable foreign content equal $20,000 or $40,000 If my cash contribution over 10 years amounts to $100,000 but as a result of my great trading ability in Nortel..haha...my portfolio is worth 1 million dollars...Can my foreign content now equal $200,000 or does it remain 20% of my original investment...($20,000) Thanks in advance for your help Chris

To: Paul Fine who wrote (2014)	2/13/1999 6:06:00 AM
From: Kenneth E. Phillipps	Respond to of 14638

Paul - I do not disagree with you that the bad conference caused the stock price to decline more than it otherwise would have. However, the analysts did not like the Bay acquisition and were looking for a reason to downgrade the stock, particularly after the Alcatel earnings warning. Many of the analysts are still suspicious of the Bay acquisition in spite of the substantial evidence of the synergies created by it. I have not heard a single analyst comment that Nortel is now in better position to compete with Cisco because of Bay and its presence in data networking and the enterprise sector. They are only beginning to realize that Nortel is undervalued relative to Cisco and Lucent. This gives us an opportunity to buy more Nortel while it still has a forward PE of 22. Thanky you for your comments. Ken