David Chapman
Nortel AS
NTEL-T
PAST TOP PICK
Jun 28, 2004
(Top pick Feb 13/04. Down 67%.) Monstrous collapse in 2000/2001. When this happens, it takes a long time to form a base. In a small uptrend right now which is probably just a correction for a recent drop. Has all kinds of problems.
If you own the stock, you are playing that there is some value in the assets they own. The company is not a going concern. Have a huge deficit hole in their pension plan. Individual parts of the company may be better being sold off.
(Top pick Feb 13/04. Down 67%.) Monstrous collapse in 2000/2001. When this happens, it takes a long time to form a base. In a small uptrend right now which is probably just a correction for a recent drop. Has all kinds of problems.