Red Green

Nortel's Upside Potential

I once worked for a bank that took over another with tax losses and debt and the same argument you make. For a brief time it was good but the bank that was taken over is no more and was completely obliterated. The one that took over the other is in trouble today--one of the very largest in the U.S. I would love to see Nortel work out in a way that stockholders and employees are not hurt--but that is not likely and tax gimmicks work for a few--not the many.


On Nov 17 08:49 AM User 299670 wrote:

> this is a no branier. Tax forwarding losses and a large chunk of
> debt owned by the canadian government..yep... betcha diddn't know
> that..this will never fail but will be blended into a company that
> is making money like cisco/avaya/siemans and they would not have
> to pay tax for a very very long time..stock is worth zero but worth
> 5.00 per share if structured correctly on a merge or referse take
> over.