Duh! But LOOK at how much wealth converged on so few people… what was the economic purpose of the bubble? -Ian. Begin forwarded message: > ———- Forwarded message ———- > Date: Mon, 09 Dec 2002 10:44:23 -0500 > From: Dave Farber...
Well, I guess I was somewhat correct about the short term win on Nortel. As you’ll recall from Monday, I bought my Nortel for about $0.72 and I just sold at today’s close for about $1.07 (US Priced). Not a bad return for a four day investment. I suspect...
Nortel is probably going to experience a rally today based on news of a Wireless deal in China worth $280M. But they could experience a more sustained rally over the next two weeks as rumours fly around about their intended reaction to their plight. Now, I have...
Nortel’s Market Cap is now below its revenues. Why? On quarterly revenue of $2.36 billion, they lost $1.8 billion. To quote Lance, that’s like bending over to pick up a quarter and having 4 dimes fall out of your pocket. For all you sports fans, that means...
——— http://biz.yahoo.com/smart/020829/20020822tech_2.html SmartMoney.com Agere Shifts Gears Thursday August 29, 3:07 pm ET By Russ Mitchell This article was originally published on SmartMoney Select on 8/22/02. NOT EVEN A PROMISING pedigree was...
