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03/25/09 4:18 PM

#6738 RE: rozzy #6737

be carefull ...

Nortel couldn't care less about their creditors, laid off employees..

It all in the NEWS... ACTIONS SPEEK LOUD AND CLEAR...

We are last on the list and you may lose 100% of your investment if you hold on too long IMO

This is a MOMO play ... nothing more.

Do not get too greedy.

I expect shareholders to be wipe out when they execute their restructuring plan.

Take at least your initial capital out ..like I did and ride free...just in case....

You never know when the BOMB hits....in these type of situations.

Just some friendly advice.






Howyadoing

03/25/09 7:26 PM

#6742 RE: rozzy #6737

"I treat Nortel as an investment.. "
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You do know that when NT emerges from BK they will cancel the shares that are trading now and will start off like a new IPO with newly issued shares. Most likely around $15.00 PPS.

There is still plenty of time to trade 'em , but don't wait to long or you will be taking a total loss.
GLTY