Naive

Key Turning Points for Nortel in 2009

Too bad.
I suspect that most of the "gear" that carries US gov't data already contains Chinese content. Besides, sometimes it's better to know who is watching, rather than to wonder who is watching. They may be willing to pay up anyways. US gov't data isn't the only user in the world.
P.S. Thanks for your explaination.

Target for Inflation: Getting It Right

Gold = depleating resource (limitted future supply)
+
World population = growing (unlimitted future demand)

Result = Disaster

Shorting The Bond Bubble? Hold On

To: Jt
Money supply includes many "layers" of debt. This debt has begun shrinking (alot of it disappearing permanently) due to major defaulting and shrinking asset values (including capital markets). In fact Capital markets are supposed to be accessible to businesses to access capital by using their stock as currency. This is now impossible. This has created a massive vacum in the "money supply" that is unable to be replaced fast enough!!
This is why the economy will continue to regress even as the global participants continue to inject seemingly unlimitted amounts into the
system. Additionally, a very very disturbing phenomenon is begining to happen. Govt's are getting the money by borrowing from future generations of the world. Do they have a choice?
It will be a while for this to straighten out. Two scenarios: 1) Grow slowly with reasonable and cautious leverging (increasing the money supply) the right way, this will be painful and very very very slow with potentially violent consequences globally, or 2) Recover in shorter term (stay alive) by opening the flood gates to lending again(faster replacement of money supply) and pay for it later when we are stronger and wiser???
Who Knows?

Shorting The Bond Bubble? Hold On

Shorting Lehman 20+ Year Treasure Bond ETF (TLT) is very costly. It pays a monthly dividend (over 4% at the moment) that you will be responsible for as a borrower.

Why Nortel is Still Important to Canada

Actually, all debt is $4.5 bil including all preferred share capital, cash $2.4bil, the portion of debt included that is due 2011 is $1 bil, value of all businesses (ex.debt and cash) is $5.5 bil conservatively under normal conditions. If you do the math you will discover that the business itself will survive in one form or another, but common share holders will not, or will wait a very very very long time. The winners will be debt holders and maybe preferred share holders.


On Dec 30 09:23 AM LastHopes wrote:

> One of the best R&D Bell Labs (LUCENT) has been sold to France (Alcatel).
> Who is going to pay for Nortel's R&D? Canada or shareholders?
>
> Obviously Huawei would make milk out of Nortel.
> Price tag is very low: $7Bil debt - $2Bil cash + $1Bil Market Cap
> = $6Bil for a whole pie.
> Chinese are very good at Buy/Sell, capitalized on the past R&D and
> destroy any future R&D. I am sure they are going to make huge profits
> out of it, but they will cut R&D to ZERO and are going to spend only
> on maintenance and support tasks("R&D&qu.... It is all about profit,
> but not R&D.
> Yes, Canada could convert Nortel to University or government supported
> lab, but I doubt it would fly.
>
> BTW, the future of Nortel's R&D will be the same as the future of
> most of Corp acquired by Computer Associates. It is super B model.
> Buy cheap Corp with customer base and with huge past R&D investments,
> lay off 90% reduce R&D to 1% and make milk out of it.
> It is modern scavenger/parasite model, but it works.

Key Turning Points for Nortel in 2009

Nortel's operating company, Nortel Networks Limited, is a 100% Canadian company. Why would the US have any say in the sale of Nortel's Canadian assets?