Why Nortel is Still Important to Canada [View article]
If Nortel sells the MEN for $1B wouldn't be enough to pay the debt due in 2011? What would be a fair stock price for Nortel after selling MEN? Any comments?
Nortel stock will jump up to more than $4 in 2009. They will sell the MEN for at least $1B and that would have a huge impact on stock. Nortel will get help from government or refinance its debt. Nortel doesn't have any debt due until 2011 and after that it can re-finanace.
I think competitors of Nortel wants it to be gone. They have started to ruine the reputation of the company for years. The company lost a lot of deals as a result of that. Unfortunately it will be tough for Nortel to get the customer confidence back but I beleive it is a high possibility that we see a huge turn around in Nortel that will surprise everybody in the market...
You may think I am so optimistic but just time will tell.
Why Nortel is Still Important to Canada [View article]
What to Expect from Nortel in '09 [View article]
I think competitors of Nortel wants it to be gone. They have started to ruine the reputation of the company for years. The company lost a lot of deals as a result of that. Unfortunately it will be tough for Nortel to get the customer confidence back but I beleive it is a high possibility that we see a huge turn around in Nortel that will surprise everybody in the market...
You may think I am so optimistic but just time will tell.