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Nortel Strikes Deal with Long-Disability Employees
By Alexis Xydias
April 10 (Bloomberg) -- A breakup of Nortel Networks Corp., North America's largest telephone-equipment maker, may boost the company's shares by more than 35 percent, according to Merrill Lynch & Co. analysts.
The Toronto-based company could sell its wireless business, where ``profits have peaked,'' and concentrate on its wireline and enterprise-solutions units, Merrill wrote in a report to investors dated today.
The individual parts of the company combined are worth about $10 per share, the note said, compared with yesterday's closing price of $7.14 in New York trading and C$7.26 in Toronto.
http://www.bloomberg.com/apps/news?pid=20601082...
It's going to be an uphill battle for Nortel to sustain a foothold within the carrier space.
Do you work for Sonus? Very good attempt at spreading false and misleading information which is standard for this blog unfortunately.
Your posts are here for anyone to read and see how delusional_crooked you have been about NT stock in last years.
What's wrong with you?
Can you imagine that all the predictions of NT stock critics_bears are fulfilled?
So who needs the Prozac_Zoloft?
Bulls or bears?
NT is 70 Cents stock now! /pre split/
Q1 2008 is coming soon /Friday, May 02/
What's your prediction about NT stock?
Stop talking about posters, talk about NT!
Maybe you want to say anything about "new" $100 mill bsnl deal for 2.5 mill lines?
How much is for one line?
How much ERIC gets for one line?
Is it natural for you that NT signed main bsnl deal about $800 mill below market value?