http://gigaom.com/2006/11/30/nortel-reverse-stock-split/ Trusted Insights and Conversations on the Next Wave of Technology Thu, 26 Nov 2009 19:44:08 +0000 http://wordpress.com/ hourly 1 http://gigaom.com/2006/11/30/nortel-reverse-stock-split/#comment-895688 mmcintosh Mon, 25 Aug 2008 22:11:58 +0000 http://gigaom.wordpress.com/2006/11/30/nortel-reverse-stock-split/#comment-895688 <p>The only people to gain anything from the split is Nortel As a small shareholder of only 31 shares now originally 310 worth 2.50 $775.00 now the proud owner of only 31 shares @6.20 $192.20 Does one need to ask who profits? These old shares have already lost thousands since the original purchase. Pretty soon you will have it all The poorest investment I have ever seen.One would sure hope something can be done to turn this around.</p> The only people to gain anything from the split is Nortel As a small shareholder of only 31 shares now originally 310 worth 2.50 $775.00 now the proud owner of only 31 shares @6.20 $192.20 Does one need to ask who profits? These old shares have already lost thousands since the original purchase. Pretty soon you will have it all The poorest investment I have ever seen.One would sure hope something can be done to turn this around.

]]> http://gigaom.com/2006/11/30/nortel-reverse-stock-split/#comment-76193 Jesse Kopelman Thu, 30 Nov 2006 23:33:39 +0000 http://gigaom.wordpress.com/2006/11/30/nortel-reverse-stock-split/#comment-76193 <p>I still remember the quarter they lost $20B! Nortel is Canada's version of Worldcom or Tyco. That nobody ever went to jail shows that the Canucks aren't as enlightened as we give them credit for.</p> I still remember the quarter they lost $20B! Nortel is Canada’s version of Worldcom or Tyco. That nobody ever went to jail shows that the Canucks aren’t as enlightened as we give them credit for.

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