canb888

Has Nortel Become a Takeover Target?

Interesting to revisit this article and all the comments especially that NT is officially broke now, only a few months later. The nightmare came true, 94% drop in 2008, another 90% drop in just a few weeks in 2009. This came faster than my speculation of "lose 95% again in one year". That's a result of keeping the Management and the Board. Should have fired them all and replaced them with my cleaning lady, she may have achieved a slightly better than 90% loss by surrendering to a buyer. And for those nationalistic thinking, there was nothing left about NT being a Canadian long time ago.