Daily Stock Opinions and Ratings

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David Burrows Nortel AS NTEL-T DON'T BUY Mar 31, 2008

The prospects for Nortel are getting worse, not better. China is producing a huge amount of competition. Fighting an uphill battle. The wrong kind of stock.

David Burrows

Unknown

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$7.000

Stock price when the opinion was issued

Telecommunications

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DON'T BUY

There is no fundamental reason to own this stock. Just a gamble.

DON'T BUY

Very sad story. Almost gone. Wouldn't touch it.

DON'T BUY

Speculative. Have a number of challenges coming out of bankruptcy.

SELL

(Market Call Minute.) Take your few pennies off the table.

DON'T 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.

DON'T BUY

In the end game, it is going to be worth next to nothing.

DON'T BUY

Doesn't see any reason to buy a stock that is approaching chapter 11. This is like going to the casino. Pure speculation.

SELL

You can do a lot better in any other communications equipment provider in the world. They are struggling.

DON'T BUY

(Market Call Minute.) Not attractive at all.

COMMENT

Has been delisted on the TSX but is still trading in the US. In bankruptcy proceedings shareholders usually end up with nothing.

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David Burrows Nortel AS NTEL-T DON'T BUY Mar 31, 2008

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