Analysts see tech opportunities in battered Canadian market
Analysts in Toronto say a tech rebound remains possible despite Nortel Networks’ collapse and a sector-wide stock rout. Some see value in beaten telecom names if the focus shifts to longer horizons, while others warn that recovery could be slow and not led by telecom equipment firms.
MENTIONED IN THIS ARTICLE
Nortel Networks
Nortel
Duncan Stewart
Tera Capital Corp
Ross Healy
Strategic Analysis Corp
Toronto
Healy
Lucent
JDS Uniphase
360Networks Inc
Teleglobe
Tech stocks head for a new wave as market shifts noted
Analysts warn the gold era collapse parallels a tech slide with no single 'big thing' ahead. Biovail, Descartes, Pivotal and Ballard among names poised as stock specific bets while giants like Nortel may rebound, some riskier firms fading to penny stock.
MENTIONED IN THIS ARTICLE
Healy
Symphony
Nereo Piticco
PCI Investment Counsel
Biovail Corp
Descartes Systems
Pivotal Corp
Piticco
Tech profits overstated Says report
Merrill Lynch says thirty six top technology firms overstated last year earnings by about 25 percent by omitting option costs and including non operating items. Companies like Yahoo Intel and Lucent show inflated results and possible future losses when corrected. Two offenders Nortel Networks and JDS Uniphase are cited.
MENTIONED IN THIS ARTICLE
Toronto
North America
Merrill Lynch
Gary Schieneman
Merrill
Juniper Networks Inc
Brocade Communications Inc
Schieneman
Intel Corp
Microsoft Corp
eBay Inc
Yahoo! Inc
Ericsson AB
Lucent Technologies Inc
Lucent
Nortel Networks Corp
JDS Uniphase Corp
Woman faces $5000 long distance bill from computer dial in
Dianna Freiesleben, 43, a home transcriptionist near Toronto, accidentally left her computer dialed to work for more than a week. Bell Canada agreed to a $200 monthly repayment after a near $5000 bill but kept the policy that the customer is responsible for all calls.
MENTIONED IN THIS ARTICLE
Oshawa
Ont
Dianna Freiesleben
Bell Canada
Freiesieben
Toronto
Bell
Freiesleben
Norm Berberich
Berberich
Take Charge of Finances for Bill and Jennifer
A Medicine Hat couple, Bill and Jennifer Rothwell, earn 56000 yearly and net 3100 monthly with 116000 net worth. Savings include RRSPs worth 33000. mortgage at 105000, 9.1 percent, due renewal next year. Advisor Ron urges discipline, debt reduction, mortgage strategy, RRSP balance, and wills update.
MENTIONED IN THIS ARTICLE
David
Bill
Jennifer
Ron
Brian J. Rothwell
Rothwell Management Inc
Medicine Hat
Rothbeg
Telusplanet.net
CanWest to launch Financial Post Television in Canada
TORONTO CP reports CanWest Global Communications plans a fall launch for Financial Post Television, a digital channel combining Global Television and National Post business content. Skeptics warn market is saturated as hundreds of digital channels gain approval, risking quality for quantity.
MENTIONED IN THIS ARTICLE
Toronto
CanWest Global Communications
Financial Post Television
Global Television
National Post
Dave Ellis
Omnia Communications
Canadian Radio-television and Telecommunications Commission
Canada
Ellis
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