Word: nortel
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James Brayshaw, 49, an engineer from Liverpool, has worked in Saudi Arabia, Sweden and Denmark for Dataworkforce. Now he is on contract to Nortel, testing circuits across Europe. "I would not go back to anything else. It's a lot more freedom and a lot more money," he says. "You can pick and choose what you want to do." The company offers training when necessary to make sure its contractors fit the temp jobs, which can involve everything from designing new cellular transmission stations and selecting sites for transceiver towers to supervising construction and troubleshooting reception problems...
Here's a revealing tale that was on everyone's lips in the financial world early this month. If you invested $1,000 in Nortel Networks a year ago, you would now have stock worth less than $100. If instead you spent $1,000 on Budweiser and drank it, you would have not just the obvious reason to smile but a subtle one too. On the basis of a nickel-per-can deposit, the empties would be worth $91. How's that for a New Economy slap in the face...
...Nortel isn't alone. From Internet equipment to Internet retailing, the new new thing hasn't worked?not for investors anyway. So, for those of you still interested in U.S. stocks, maybe it's time for an old, old strategy: investing for dividends...
Here's a revealing tale that was on everyone's lips in the financial world last week. If you invested $1,000 in Nortel Networks a year ago, you would now have stock worth $82. If instead you spent $1,000 on Budweiser and drank it, you would have not just the obvious reason to smile but a subtle one too. On the basis of a nickel-per-can deposit, the empties would be worth $91. How's that for a New Economy slap in the face...
...Nortel isn't alone. From Internet equipment to Internet retailing, the new new thing hasn't worked--not for investors anyway. So maybe it's time for an old, old strategy: investing for dividends...