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.
It’s now June 24th 2007! “Why hasn’t an individual sued Roth and others?” If they did, “Did they get anything from the MILLIONS they took from Nortel?”
Feel free to reply.
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.