Jim O'Shaughnessy
Nortel AS
NTEL-T
DON'T BUY
May 09, 2005
The momentum would keep them out of this stock. Dirt cheap on a valuation basis. Trading at $0.97 for every $ of sales. Needs higher earnings and good price appreciation. Dead money.
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.