Blog.SasaSam - Keeping updated

Another telecom player down

URL: http://finance.yahoo.com/tech-ticker/article/157962/Nortel-Files-for-Bankruptcy

Here is what other folks are say,
[ http://www.reuters.com/article/ousiv/idUSTRE50D5J420090114 ]

"They may be forced to sell assets to reorganize, but they're not going to get much for them," said Ed Snyder, principal analyst at Charter Equity Research. "It's a tough position to be in."

He added potential buyers could be "picking over the pieces rather than buying the whole".

{ cherry-picking, all you can eat buffet? }

posted by SasaSam @ 5:53 AM