Littlewoods Direct The Bubble and the Bear: How Nortel Burst the Canadian Dream Author: Douglas Hunter Hardcover Usually ships in 24 hours Delivery is subject to warehouse availability. Shipping delays may occur if we receive more orders than stock. Our Price: $37.95 Our Sale Price: $26.56 Savings: $11.39 (30%) Ordering is 100% secure . Spend $39 or more at chapters.indigo.ca and your order ships free!. ( Details ) Canadian Author | ISBN: 0385659180 Published: October 2002 | Published by Doubleday Canada From the Publisher The Bubble and the Bear recounts the dramatic rise and fall in Nortel stock value and tracks its devastating effects on personal savings and investments in Canada. A brilliant analysis of Canada’s most damaging stock gamble. A cautionary tale of stock market mania, drawing on interviews with Canadian investors who lost tens of thousands of dollars, Nortel employees, and the precious few analysts who foresaw the collapse of the stock. The tech industry boom of the late 1990s led stock analysts to believe that Nortel and other telecommunications industry leaders were a sure thing, the stock that every Canadian should own. By the summer of 2000, Nortel had a market capitalization of almost $4 billion. Nortel figured prominently in the portfolios of most every pension fund in the country, as well as in many mutual funds and RRSPs, as investors were determined to ride the biggest wave on the Toronto Stock Exchange (TSE). Hunter demystifies the tech industry and the bubble economy’s “irrational exuberance,” which took hold of the stock markets as tech companies rushed to build a global communications infrastructure. When Nortel began to dominate the TSE, it also caught the eye of U.S. analysts, driving the share price up further and making it an active contender on the New York Stock Exchange. • Why did mutual funds and pension plans gamble so heavily on Nortel? • Why were most analysts cheering from the sidelines, unprepared for the dramatic revenue shortfall announced in February 2001? • How did Nortel get away with presenting earnings that made losses disappear? • Is there any evidence of negligence or wrongdoing? All these questions, and more, are answered in this account of Canada’s most costly stock gamble. About the Author Douglas Hunter has written widely on business, history, and sport. He has published articles in Saturday Night , The Globe and Mail , and the National Post . His previous books include Open Ice , War Games , and Molson: The Birth of a Business Empire . Hunter lives on Georgian Bay’s Severn Sound with his wife and their three children. Info Desk iREWARDS Program About Our Company Affiliate Opportunities Careers Contact Us Corporate Sales Gift Certificates Privacy Policy Shipping Rates Store Locations Wish List chapters.indigo.ca: books Shopping Bag | Account Centre | Wish List | Help iREWARDS Program | Corporate Sales | Store Locations All Products Books DVD Video Gifts Books Advanced Search Search Tips About this Book From the Publisher About the Author Read from the Book Current Events Homelessness International Mass Media Military Peace Political Browse Books View all Categories . Books at Indigo and Indigo Bookstore www.Chapters.com • www.Chapters.Indigo.ca • Chapters Com • Chapters Head Office • Chapters Indigo Ca Coupons • Indigobooks • Chapters Indigo Ca Coupons • Chapters Ca Coupon • Chaptersbooks • Indigo • Chapters Indogo • Chapters Head Office • Chapters Books Vancouver • www.Indigo.com • Chapters Indego • Chapters Indigo Coupons • Chapters Bookstore • Chapters Ca Coupon • Chapters Langley • Chapter's Bookstore • Chapters Indigo Ca Wptelus • Chapters Books Vancouver • Chapters Langley • Chapters Book Store Canada • www.Chapters.com • . For more used books and discount textbooks at Chapters-Indigo, Canada online bookstore, follow this link.