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Talking the Talk; Walking the Walk
By Mark Evans | August 9, 2007
When Nortel CEO Mike Zafirovski said recently that Nortel shares were attractive, he wasn’t just blowing smoke.
According to SEC, Mike Z. bought $1-million of shares earlier this week - 52,000 shares at prices between $19 and $19.33 a share. These are the first shares he’s bought since coming on board in late-November.
Of course, given what Nortel is paying Mike Z., he can afford to put some Nortel into his investment portfolio. Nortel closed down $0.01 to $19.27 today.
Topics: Executive Suite, Stock |