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Nortel AS (NTEL.TO)

DON'T BUY
Forecast $29 months ago and hasn't changed his mind. Popularity has kept it up, but expect it to continue down. A Tech support at $42/44 level
BUY
At a good level to start accumulating
BUY
Would buy for a long term
BUY
Earnings should grow at about 20%. Some accounting issues on true values oftakeovers
DON'T BUY
Don't see much hope for a long time. Trade
BUY ON WEAKNESS
At a good price. Buy in $45/60 range. A core holding
BUY
Would buy at this price, but will be slow for a while
WAIT
OK if you hold for 5 years. Will take 5 years for broadband networks
DON'T BUY
Nortel versus Cisco? Both will do well in the near term, but prefers Nortel
BUY ON WEAKNESS
If a soft landing buy in low/mid 50's. Expecting them to spin out their component business. Good sector
BUY
Valuation is better than Cienna.Multiple is 30 X PE
WATCH
Valued @ $42 & in 1 yr $53. Has to hold at $54 or will crash
BUY
Bullish on fibre cable. Nortel is the dominant company.
BUY ON WEAKNESS
Superb company. The wildcard will be telecom spending. Any DIPS are a good BUY
BUY
Is attractively priced now. Prefers this over Cisco as Nortel is more dominant globally and has a better product line
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