Macleans
Nortel Struggles to Recover Its Worth
WHEN NORTEL Networks Corp.'s share price was $92 two years ago, Ray Puhalski bought 300 shares, investing $27,600. A month later, the stock was trading at $71.40. Puhalski invested again: $32,130 for 450 shares; and the following week, when Nortel was at $65.50, he bought another 250 shares.This article was originally published in Maclean's Magazine on November 11, 2002