Replies to post #7029 on Nortel Networks (fka NRTLQ)

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VALUE = ZERO.... end of game....

Share Value; TSX Delisting

Based upon today's announcements and Nortel's current assessment of its businesses in the context of its creditor protection proceedings, Nortel does not expect that the Company's common shareholders or the NNL preferred shareholders will receive any value from the creditor protection proceedings and expects that the proceedings will ultimately result in the cancellation of these equity interests. As a result, the Company will apply to delist its common shares and the NNL preferred shares from trading on the TSX. Trading in such shares on the TSX is expected to be suspended (commencing before the opening of trading on Monday, June 22, 2009) with the consent of the Monitor under the Canadian creditor protection proceedings, pending the TSX's decision on the delisting application.