RE:RE:RE:RE:All good for now
PabloLafortune wrote: 859, everybody is bullish for good reason but we need Cassandra's* in this world and that's me. Investors should not be overconfident. Bombardier is not yet at the point where operating cash-flow is strong enough to weather a backlog storm. We need to see those quarterly results and operating cash-flow improvements.
* when Nortel was $75 and analysts set a target of $125 I strongly believed that the place was a house of cards and told some people I knew. Later on I found out that somebody I hadn't spoken to in years suffered devastating losses on that "investment".
you can't compare Nortel to the bomber because the bomber has a different share structure . The family has control of the company instead of a " money hungry - fill my pockets before I go " president and his croonies cooking the books ... the family didn't take the money and run because to some extent it is somewhat of a "family business" ... this control has been a problem for them to get more investors interested in the shares BUT it did save us from being taken over or bankruptcy when things were tough.. I lost a couple of bucks with Nortel also and I know of one Nortel ex-employee who lost his job/investment/pension to the tune of 750 K .He was one of the reasons why I trusted the company . Even though he was in the finance department he never saw it coming , imagine that ... This here is not the same , family has too much to lose and make a good living running the show , no need to screw shareholders ... Air Canada is another example of the top brass taking an easy way out and leaving the shareholders scratching their heads wondering where the money went , comapny went belly up and started over like nothing happened ... that will not happen here , nobody is killing the cow ... GLTA