Comments on: Why is Mike Z. So Optimistic? http://www.allaboutnortel.com/2006/06/07/why-is-mike-z-so-optimistic/ All the News about Nortel Networks Mon, 15 Mar 2010 06:20:16 -0400 hourly 1 By: Jon Lenton http://www.allaboutnortel.com/2006/06/07/why-is-mike-z-so-optimistic/comment-page-1/#comment-164 Jon Lenton Thu, 08 Jun 2006 13:33:13 +0000 http://allaboutnortel.com/?p=182#comment-164 If Mike Z was not bullish on the company we would all wonder why he is leading it, so it should be natural for him to believe in the success (future). What should concern us is the rosy forecast for 2008 as no one knows where the global economy will truly be and where the best regional hot spots will be excpet that many are banking on China. China however has a history of making everything it's own way so any venture in this area cannot be counted on until proven out. How technology will change? A false step and Nortel will have to buy another company or sell the rest of that product line. The most distressing is the lack of conifdence that Nortel has finished the accounting struggles, it seems impossible to comprehend that people cannot account correctly. These contracts with large companies must be more than an MOU, aren't there dates with delivery and compensation in real contracts? When Mike Z can comment on this situation and generate confidence then invesotrs "may" wade back in. Any people investing now are tentative "let's put in a little" in case it goes up. Lastly, when will they figure out the reseller organization, what commitments do vendors with multiple vendor product lines really do for Nortel. This has been a problem for years and one which is rarely mentioned. If Mike Z was not bullish on the company we would all wonder why he is leading it, so it should be natural for him to believe in the success (future).

What should concern us is the rosy forecast for 2008 as no one knows where the global economy will truly be and where the best regional hot spots will be excpet that many are banking on China. China however has a history of making everything it’s own way so any venture in this area cannot be counted on until proven out.

How technology will change? A false step and Nortel will have to buy another company or sell the rest of that product line.

The most distressing is the lack of conifdence that Nortel has finished the accounting struggles, it seems impossible to comprehend that people cannot account correctly. These contracts with large companies must be more than an MOU, aren’t there dates with delivery and compensation in real contracts? When Mike Z can comment on this situation and generate confidence then invesotrs “may” wade back in. Any people investing now are tentative “let’s put in a little” in case it goes up.

Lastly, when will they figure out the reseller organization, what commitments do vendors with multiple vendor product lines really do for Nortel. This has been a problem for years and one which is rarely mentioned.

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