Smart Money

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The Vancouver Sun
September 19, 2000

Smart Money

Nortel Networks, the darling of the Toronto Stock Exchange,
is back in favour with ethical investors after selling its interest
in Telrad, an Israeli company that does business with Burma.

As a result of the sale, Michael Jantzi Research Associates,
a Toronto-based ethical investment screening agency, has
removed ''international concern'' from its profile of Nortel.

Nortel says it has also obtained assurances that no new
contracts for Nortel Networks equipment will be entered
into by Telrad in Burma, an international pariah because
of human rights abuses.