NRTLQ - ericsson acquires nortel asset for 1.13 Bln

[v12345]

I just have to ask, why and how do you think this will be good for Nortel?

Even if they do find someway to come out of bankruptcy at the rate they are selling off assets (most recently the sale of their best wireless assets to Nokia and now the Erickson deal for their carrier networks) what will they have left?

i think i have answered in previous message

[iyedouble]

Well there is no logic behind ctic crossing $1, or cbis crossing $1 or biel crossing $0.07, wamuq was bought was chase, and once it was trading on $0.01 but few week back it was trading on $0.12 so at the end of day only profit counts and i think NRTLQ will cross atleast $ 0.30 if the court approves.
Finally only logic that works in this volatile market is right entry at right price to make profit.

Well ctic, biel, and cbis are attacking the issues of current illness' and are on the cusps of approvals... nrtlq is being consumed. Though i understand the right entry logic, this doesn't feel safe (I understand that I might be totally wrong, but does anyone else have some insight?).

[DogDayTrader]

i think i have answered in previous message

Touchet, the classic bulls vs. bears. Good luck.

[v12345]

FT.com / Telecoms - Nortel wins court approval for Ericsson deal