What’s Your Average Cost/Share?

I bought ca. $80 worth of NT stock when I joined Scottrade back around 2000. Subtract 2 x $7 trade fee... $66... sold as stock fell to $40ish... bought BLUD (eventually up 700%)....

Can we vote Clint, Observer, and Yes4aapl off the island?? Getting a little tired of rudeness, profanity and unintelligible posts.

I've tried to maintain a light touch when it comes to moderating comments. That said, profanity and a lack of respect are a no-go. If you do it and then discover your comments have disappeared, don't say I didn't warn you.

Don't get me wrong, I love the passion that people bring to AAN but if you want to participate in a free-for-all, no-holds-barred discussion, there are plenty of discussions board where you can play.

If you've got any issues or questions, drop me a line.

Mark

$300 Billion dollars ago .... sounds like a dinosaur documentary ....

Mark, I cannot find treads on your blog
Mark, teach us how to use your blog,; example search by poster, or search a poster....
Can you help me find that post_tread which I saved on another message board
I see Frank Burch was very explicit to call investors_potential investors names.
Where is he now?
and who was full of it?
My post 2 weeks before Sept 17 bomb!
http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_N/threadview?bn=12906&tid=912642&mid=912642
I was talking about new job cuts and lies about single growth!
Deferred revenues should be explained too, just to show the real picture of Nortel's revenues.
I copy paste it here before it gets lost
yes4aapl 30 minutes ago
No one should be so stupid to believe Margins Improved;. after Q2 2008 CC.
Mike Z reported better margins, so why the loss tripled?
Answer is simple, deferred revenues improved margins.
How much deferred revenues Nortel will use in 2008?
I don't care, as Nortel is not clear about deferred revenues. No one knows what they are and where they are from? I remember that restatements pushed revenues into deferred revenue charts; as much as $3.5 bill+. Is NT improving current margins by recognizing revenues from the years 2000-2004,5?
One sure thing is that Nortel lied about single digit growth in 2008.
Yes lied. Analysts wanted Mike Z to admit that. Nope, he thinks he is smart by lying!
How Nortel business can grow if new orders decline with high speed?
In Q2 2008 new orders declined 25%
In Q3 we don't see any big orders at all. Nortel lost in China, Nortel lost in Vietnam, lets see if Nortel can get anything from BT or Verizon, or Sprint, or BSNL $7 bill contract....
Why Nortel thinks its OK to fool new investors into believing that Nortel is growing?
Just look at the job cuts!
It's been always true that NT's real revenues were in relation to employment!
100k employees and $30 bill in revenue
30 k employees and $10 bill in revenue
and the job cuts are not finished yet.
In Q4 2008 Nortel will have to cut yet another 3-5 k !
That's just simple math and simple logic.
You can mark my words.

reply
Frank Burch 15 minutes ago
You guys are so full of crap. Take one point: deferred revenue. I suppose NT is NEVER supposed to recognize the revenue and profit? Get real. You don't want them to recognize the revenue now and you didn't want them to recognize the revenue then...you REALLY just don't NT to be able to EVER recognize anything. You're just a bunch of whiners.
reply


yes4aapl 0 minutes ago
· I don't care where the deferred revenues come from, just say so.
How much deferred revenues NT recognized from the years of restatements lately?
OH, you won't tell us. Your posts are here. Anyone can read them.
If you are so knowledgeable, why you are so wrong all the time?
I don't want to suggest here anything about you!
And just answer one simple question
If new orders declined so much how Nortel can trumpet single digit growth this year?
How?
just because deferred revenues?
Analysts rejected your approach to accounting after Q2 2008. You know that!
Look at NT stock!
Stop misleading investors, public, me, my family and my friends!
It's not funny if Nortel's fools new investors!
look at NT's chart!
Look at new orders!
Why don't you know how to sell with profit?
What will you do next?
Ch11 and get zero for common shareholders?
Is it funny for you?
Is it funny for you to cut so many jobs?
Why Mike Z did not sell NT loong time ago with premium? It would be around $50 a share.
Why BOD does not do anything to take care of common shareholders?
I know why.
Because it's Nortel!

What were the costs on these deferred revenues? Anyone? Anyone?
<smirk></smirk>

Why do you only count the reverse split ? Why not the forward splits from the 90s and before ?

Splits:23-May-83 [3:1], 26-May-87 [2:1], 12-Jan-98 [2:1], 20-Aug-99 [2:1], 09-May-00 [2:1], 01-Dec-06 [1:10]

All totaled it comes to a forward split of 4.8 to 1. Nonetheless, I have data only back to 1976 and the stock is at its lowest point now. It would be interesting to see data before 1976. When did Nortel go public ?

"All totaled it comes to a forward split of 4.8 to 1."

how did yoiu calculate that?

11 tiny steps forward in 2 or 3 fir 1's (before 2001 when it was a blur chip stock) and one huge step back in a 1 for 10 after fraud allegations, I come up with around the same. 11 steps forward to 10 steps back ratio... last one was extreme and reverse

Besides., post bubble when most volumes commenced as per the chart.

Good reason why only reverse split plays any significance today, no?

Hi Mark, thanks for doing that; however, you need a $20 to $50 range. The results so far show many with a cost/share at >10X current price....some even at 50X current price.

and as notafan points out a $2 to $5 range.

what if your cost is between 2 and 5, or 20 and 50? or did they change how these "numbers" work and i wasn't aware of it?

Mark

can you run another survey on people pooling their shares together to take a majority stake to make it private or vote in shareholder best interests.