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6 pts

Opinion on  Nortel Networks Corp (NT)     Sector: Technology  >  Industry: Communications Equipment
Quarterlies coming up

Jul 23, 2008 12:25 PM GMT
Return Risk
-4.25% LOW
Sr. Analyst

Fundamental Analysis  

Thanks for reading my blog. These are only my thoughts. Please consult a professional for advice.

Most of the 2nd quarter results for the year 2008 have been quiet disappointing in various sectors, from financial to manufacturing. Inflation going up through the roof and people cutting back on their expenses can be cited as a good reason for my opinion on this company. Besides their last quarter results were quiet unstable.


NT:  This call was made on 07/23/08 @ $6.91
Rating:   Negative   $6.91 (07/23/08)
Closed:   08/04/2008 @ $6.16 (+10.85% in 12 days)
Target:   $6.80 (-1.59%) in < two weeks


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