Hey, we’re all still obsessed with Nortel even though its lustre has evaporated – as well as three CEOs in the past four years. At dinner parties, during taxi drives and dentist appointments Nortel continues to be lively discussed. Why? Beats me, but I figure most Canadians own Nortel in one way, shape or form in mutual funds or other investments. Some of us even own shares we bought at the peak of $124.50 (yikes!) when CEO John Roth was telling us the sky was the limit. Then again, Roth sold out when the going was good with a cool $135-million so perhaps he knew something the rest of us didn’t! Anyway, this blog aims to provide some insight, intelligence and humour into the mix.
Why a Blog on Nortel?
Hey, we’re all still obsessed with Nortel even though its lustre has evaporated – as well as three CEOs in the past four years. At dinner parties, during taxi drives and dentist appointments Nortel continues to be lively discussed. Why? Beats me, but I figure most Canadians own Nortel in one way, shape or form in mutual funds or other investments. Some of us even own shares we bought at the peak of $124.50 (yikes!) when CEO John Roth was telling us the sky was the limit. Then again, Roth sold out when the going was good with a cool $135-million so perhaps he knew something the rest of us didn’t! Anyway, this blog aims to provide some insight, intelligence and humour into the mix.