what do you think about Nortel? - GoFuckYourself.com

06-17-2004, 01:09 AM

at 4$, is it a good price to get in?

from what I've heard, Nortel is Nortel. a 15-20$ stock company
it will take time but it will get back to what it belongs at

what do you guys think?

Veterans Day · 06-17-2004, 01:10 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, 01:14 AM

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

06-17-2004, 01:15 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, 01:20 AM

Quote:

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, 01:40 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, 03:42 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, 05:55 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, 06:08 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, 07:03 AM

Quote:

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, 07:06 AM

Quote:

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, 09:15 AM

Take a look at AEZ on the TSX

Shok · 06-17-2004, 09:20 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, 09:23 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

06-17-2004, 01:09 AM	#1
buddyjuf Guest Posts: n/a	what do you think about Nortel? at 4$, is it a good price to get in? from what I've heard, Nortel is Nortel. a 15-20$ stock company it will take time but it will get back to what it belongs at what do you guys think?

06-17-2004, 01:10 AM	#2
Veterans Day Confirmed User Join Date: Jul 2003 Location: The Windy City Posts: 8,403	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 __________________ Build a Massive Traffic Network, Hands FREE, Totally Automated

06-17-2004, 01:14 AM	#3
abyss_al LOOKING FOR TRADES Join Date: Oct 2003 Location: Southern California Posts: 15,605	i have stock in EMC and CCUR... i think they will go back up just like nortel will too... good luck __________________ EMAIL: allen @ vasmediagroup.com \| ICQ: 311329761 \| SKYPE: abyss.al \| AIM: xABYSSxALx

06-17-2004, 01:40 AM	#6
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	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... :-/ __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

06-17-2004, 03:42 AM	#7
Paul Waters Confirmed User Join Date: Mar 2003 Location: Toronto, Ontario Posts: 4,402	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 __________________ Paul

06-17-2004, 01:15 AM	#4
buddyjuf Guest Posts: n/a	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

06-17-2004, 05:55 AM	#8
Entropy Confirmed User Join Date: May 2004 Location: Somewhere Posts: 4,128	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 __________________ The Gay Market Is Where The Money's At! AlleyBucks Is The Queer Eye For Straight Webmaster Guys CCBill Based Affiliate Program With Hosted Galleries ICQ: 226-359-635

06-17-2004, 06:08 AM	#9
stevo Confirmed User Join Date: Aug 2002 Location: Orlando, Florida Posts: 2,051	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!

06-17-2004, 09:15 AM	#12
B40 Confirmed User Join Date: Jul 2001 Posts: 7,020	Take a look at AEZ on the TSX __________________

06-17-2004, 09:20 AM	#13
Shok Confirmed User Join Date: Apr 2001 Location: LIVE EVIL Posts: 5,611	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.

06-17-2004, 09:23 AM	#14
lazycash Troll Patrol Industry Role: Join Date: Aug 2002 Location: Local Socal Posts: 15,214	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 __________________ "WTF, on google you can find the answer to every question in human history, EXCEPT how to convert cams.. Its crazy..." VenusBlogger