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Message: Nortel Halted and

Nortel Halted and

posted on Jan 14, 2009 03:56AM

has filed for bankruptcy protection. The company is trying to restructure, but it appears that it will be a very different company when it comes out. I guess they will now try to focus on emergying as a leaner more effective company selling of parts of their company, but not a good news story for current investors. Once a major player in the industry with a high at $120+ SP value to pennies.

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