Is nortel on verge of extiction?
The company's share value ahs swooped down from 400$ billion to just 2 cents in one year.
read more ..
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Replies
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Kaustubh Katdare400 billion? I guess it should be 400 million! -
durga ch
You put me in confusion for a while :-|The_Big_K400 billion? I guess it should be 400 million!
I think its is $400B stock value . click the link Biggie :\ -
Ashraf HZI believe the author referred to market capitalization( in Canadian dollars, but thats besides the point 😛 )
At its height, Nortel accounted for more than a third of the total valuation of all the companies listed on the Toronto Stock Exchange (TSX). Nortel's market capitalization fell from C$398 billion in September 2000 to less than $5 billion in August 2002.
Nortel
Cisco could have ended up in the same hole, if it weren't for shrewd and aggressive initiatives by CEO John Chambers. -
durga cher.. may be capital value. but then the company flourished so well.
this saga sounds so familiar to Satyams Safa. hugh!
money hungry people! -
silverscorpionVery sad!!
As said, the internet is indeed a very unpredictable business medium.
You are reading an archived discussion.
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