what do you think about Nortel?

**Veterans Day** · 06-17-2004, 12:10 AM

maybe long term but do a ton of due dilligence on that one. Look at a 5 year chart

I feel sorry for the suckers on that one

**abyss_al** · 06-17-2004, 12:14 AM

i have stock in EMC and CCUR... i think they will go back up just like nortel will too... good luck

**buddyjuf** · 06-17-2004, 12:15 AM

I bought Nortel at 8$

thinking of buying the same amount at the current 4$, reduce my average to 6$

its only 2000$ more anyways

**abyss_al** · 06-17-2004, 12:20 AM

Originally posted by bdjuf
I bought Nortel at 8$

thinking of buying the same amount at the current 4$, reduce my average to 6$

its only 2000$ more anyways

i have 4000 shares in EMC...at one point they were at 130 bucks a share...look at it now...i shouldve sold... but it was so stable and growing so fast... they still are but the shares went to crap... my dad works for them, so i kept the stocks...i think it will rise again

**woj** · 06-17-2004, 12:40 AM

Lots of bargains out there now a days, they could all be an easy double or triple within a year... or they could dip again and result in another 30% or more loss... :-/

**Paul Waters** · 06-17-2004, 02:42 AM

Nortel's share price won't move upward until they have two quarters of good numbers.

I rate it a buy, but a no rush buy.

Wait for a market dip, and try to get it for 3.50

**Entropy** · 06-17-2004, 04:55 AM

My dad worked for Nortel for 20 years...At the 10 year mark, it was around 35 bucks a share...Now $4...what a shame

**stevo** · 06-17-2004, 05:08 AM

I bought Nortel around $2, and sold at $7.84...

I only bought a thousand shares. I remember wanting to put down $10,000, but at the time i was doing pretty bad in the market so i didnt want to risk too much.

I think it will grow again. Give it a year or two, but eventually you will double your money!

**FlyingIguana** · 06-17-2004, 06:03 AM

Originally posted by bdjuf
I bought Nortel at 8$

thinking of buying the same amount at the current 4$, reduce my average to 6$

its only 2000$ more anyways

sometimes its best to cut your losses and move on. i haven't really looked at nortel, 40+ pe ratio isn't my thing unless the company has great management and prospects.

if the market takes a dump, nortel could drop more than the market

**FlyingIguana** · 06-17-2004, 06:06 AM

Originally posted by stevo
I bought Nortel around $2, and sold at $7.84...

I only bought a thousand shares. I remember wanting to put down $10,000, but at the time i was doing pretty bad in the market so i didnt want to risk too much.

I think it will grow again. Give it a year or two, but eventually you will double your money!

yesterdays losers can be tomorrows winners. nortel was a growth stock during the bubble and then after the bubble popped it became a value stock.

**B40** · 06-17-2004, 08:15 AM

Take a look at AEZ on the TSX

**Shok** · 06-17-2004, 08:20 AM

Nortel is fucked.

Just give me your money and I will take you in an alley and kick you in the nuts and get it over with.

Just as they thought they were seeing the light, another cooking the books scam rears it's head...put a fork in it.

**lazycash** · 06-17-2004, 08:23 AM

I still think NT is a good value and worth buying. I'd have bought some last week, but I've thrown all my marbles into CMKX

what do you think about Nortel?

what do you think about Nortel?

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