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Nortel shares not out of woods, analysts say

Article Abstract:

Nortel Networks Corp. stock, which fell 33% yesterday to $31, may still be in trouble, according to technical analysts. Although the shares will probably stabilize at current levels, then rebound, the recovery wil probably not move it much above $45 or $50 in the near future.

Author: Barnes, Angela
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001

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RRSP impact: Nortel nose-dive may mar equity fund sales

Article Abstract:

The decrease in Nortel Networks Corp. stock could convince investors not to put money into stocks or equity funds in their RRSPs, or make them go to more conservative investments.

Author: Won, Shirley
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001

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Subjects list: Canada, Telecommunications equipment industry, Telecommunications systems, Securities, Nortel Networks Corp., NT
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