Category Archives: Stock

Nortel’s Bonds Are Hot, Red Hot

By Mark Evans | Published: January 6, 2010

Now for some surprisingly good news from the land of Nortel: the company’s 10.25% bonds are now trading at 76 cents on the dollar – nearly an eight-fold increase since March when they traded at 10 cents. The Globe & Mail reports that the bonds have increased in value to due to the money the company [...]

Also posted in Financials | Tagged assets, bankruptcy, bonds, Nortel | 16 Comments

Nortel Shares: From $124.50 to Worthless

By Mark Evans | Published: June 20, 2009

Nortel’s decision to delist its shares from the Toronto Stock Exchange is a long, long, long, long way from the rockin’ days of the telecom boom when the stock hit $124.50 ($1245.00 when you take into account a 10:1 stock consolidation) in August 2000. Here’s a chart to show how the mighty have fallen: Technorati Tags: nortel

Also posted in Financials | 61 Comments

Why is NT Still Trading

By Mark Evans | Published: March 31, 2009

The Globe & Mail has a story about a question that a lot of people are asking: why are Nortel shares still trading even though it filed for bankruptcy protection? The explanation is that: “While the chances are high that the shares will be worthless, that isn’t a certainty. There is a slim possibility there could be [...]

Posted in Stock | 20 Comments

NT Up Again

By Mark Evans | Published: March 27, 2009

Nortel shares climbed another 21%, or 6.5 cents, to 36.5 cents today on the Toronto Stock Exchange. For the week, it more than tripled. Interesting. Technorati Tags: nortel

Posted in Stock | 69 Comments

Nortel Shares Up?

By Mark Evans | Published: March 25, 2009

Hmmm, what’s going on with Nortel shares today – up 6 cents, or 57%, 16.5 cents in Toronto (NT/TSE) on volume of 11.4 million shares? Technorati Tags: nortel

Posted in Stock | 112 Comments

Would You Invest in the New Nortel?

By Mark Evans | Published: February 17, 2009

This article on Fortune.com about bargains within the high-tech sector caught my attention because it mentioned Nortel in lede. Of course, it’s not possible to purchase Nortel shares after it filed for bankruptcy protection last month. But it did get me thinking about how much of an appetite investors may have when the New Nortel emerges [...]

Also posted in Financials | 13 Comments