At their peak, and before another more recent consolidation, Nortel shares hit $124.50 on the TSX in July, 2000."http://ca.news.yahoo.com/s/capress/090114/business/nortel
Two days ago, ex Deputy Prime Minister John Manley had this to say;
"Despite the threat, Nortel officials such as former federal finance minister John Manley are putting on a brave face.
"I think all of the bad stuff is behind us," said Manley, who is on the company's board of directors and said it is focused on building its future.
"Nortel has been our Canadian flagship. It has history, it has thousands of patents, and that's the kind of thing it's very hard to create ... and when you've got it, you really need to do everything you can to preserve it," he added."
Ok, I get it. I guess. Don't panic??