Jean-Francois Tardif
Nortel AS
NTEL-T
DON'T BUY
Feb 03, 2005
Recent releases show only small growth in sales, but it's in US$'s. In Cdn currency, it would be even lower. A lot of risk. Future competition will be coming from Asia.
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.