Pierre Bernard
Nortel AS
NTEL-T
WEAK BUY
Apr 18, 2005
The problem he has with this company is that he does not have all the tools to make knowledgable decisions. Income statements, balance sheets, etc. Still a lot of work to do there. If a choice between a Buy and a Sell, he would be a Buy.
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.