Feb. 12, 2009 (Baystreet.ca) --
MISSISSAUGA, Ontario, February 12, 2009 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “Will The Nortel Example Teach Us Something?”
Companies mentioned in this article include Nortel Networks Corp. (TSX: NT) and GIE Environment Technologies Ltd. (TSX-Venture: GIE).
Article Excerpt:
It was that rare combination, a Canadian success story; a behemoth that introduced the newest technology to the world; a stock that soared above the $100 Canadian mark for years at a time; a staple item of portfolios in countries far and near. It was Superman, clearing tall buildings with a single bound. It was Nortel!
And then, faster than a speeding bullet, it seemed, Superman was exposed to kryptonite… lots of it! Just as quickly and just as decisively as it had risen, Nortel was a penny stock, a company teetering on the verge of bankruptcy, a financial invalid!
The company, now based out of Brampton, Ontario, has seen many incarnations in its century-plus history. Once it was known as Northern Electric, the manufacturing and supply unit of the Bell Telephone network, before branching out into sound systems for movie theatres in the 1920s, to Northern Telecom in the 1970s, trying to tackle the growing market for fibre optic cables, before focusing its attention on digital technology.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special_reports/article.aspx?id=24
About AllPennyStocks.com:
AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and US site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly stocks to watch, has a weekly market write-up, provides company spotlights, runs unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTC BB, and much more information for the average investor.
AllPennyStocks.com has not been compensated for its efforts
in presenting the above mentioned companies on its web site and distributing it
to its database of subscribers as well as other services.
Contact:
AllPennyStocks.com Media, Inc.
Peter Szafranski -- President
Phone: (905) 361-5680
E-Mail: peter@allpennystocks.com
Newstex ID: BAY-1002-31747941