Comments on: Is Nortel an LBO Candidate?

By: leaving_nortel

leaving_nortel — Tue, 05 Sep 2006 04:38:56 +0000

Mike Z. is setting confusing plans to get to his exit bonus before he join Nortel. remember he got Nortel BOD to pay off his leaving from Motorola (ain’t you know as a stinking company?) ? most of current BOD members are the same ones during Frank Dunn (he is done!) those people work for the loan and insurance industry to suck out every cent from Nortel. soon Nortel must hire more accounting and finance people to look for more frauds and more profits and layoff directors, managers, engineers …. except the fraud executives.

Now the BOD members and CEO are acting like friends or family.

when most of Nortel buildings in Canada and worldwide are sold, there is nothing much to do in your office except for YOUR DAY OF LAYOFF.

By: Pessimist

Pessimist — Fri, 01 Sep 2006 05:36:36 +0000

Don’t you lame pumpers ever contribute to the topic?

Perfect nortel cheerleaders with zero argument and tyrant ethics

…all the way down.

whi are you to call me “your beloved” or that pervious management who abruptly departed is more “poor” than current one

you are mindless, quit polluting this blog

By: Anonymous

Anonymous — Thu, 31 Aug 2006 17:05:28 +0000

“First they would have to generate profit which would be a miraculous feat, even according to the CEO and his tall mountain to climb with no easy miracles asking for 3 to 5 years to keep paying themselves lotteries.

Contradictions are the norm than exception at Nortel. There has been no interest in taking over 25% of the companyâ€™s business so far for UMTS, and rightfully so. Just like no one wants to merge with them. Just like everyone uses anyone but them, like BT did.”

we sincerely apologize Mark E as most of the replies to your blog have been from our dear beloved idiot jamezzz aka loser boy who can’t get it past his big nose that Nortel is not the same company that previously suffered from poor management.

By: Pessimist

Pessimist — Thu, 31 Aug 2006 16:15:19 +0000

First they would have to generate profit which would be a miraculous feat, even according to the CEO and his tall mountain to climb with no easy miracles asking for 3 to 5 years to keep paying themselves lotteries.

Contradictions are the norm than exception at Nortel. There has been no interest in taking over 25% of the company’s business so far for UMTS, and rightfully so. Just like no one wants to merge with them. Just like everyone uses anyone but them, like BT did.

Thay also have huge fines for fraud they warn they have made no provisions for.

They must also dilute 14.5% of the company with a reverse split approval in place.

There are still many more ongoing nightmares on the horizon for a company who made on of the worlds largest frauds like Enron, Worldcom, Cendant, who have had their officers go to jail for it so brace for criminal charges too as the derivative class action may yet reveal even more.

May I suggest the worst has yet to come in this saga for this disgraced icon.

Then there is the more pressing question of credibility as their numbers are never what they claim. What would they be buying?

As for a LBO, who would want it? Who would consider a leveraged boyout when the brokers couldn’t even arrange a hostile take over when it was trading at 5 bucks in 2003. Why didn’t anyone snap it up when it was trading at 45 cents U.S.?

I should think Tom Astle would have been wise to included NT in with JDS Uniphase in no longer covering it as it “is no longer a significant player in the Canadian investment universe” NT is the laughing stock trading on past sentiment and soley to minimize further damage to so many they hold hostage (creditors/shareholders/taxpayer/markets/employees/etc.) or they too like Enron or Worldcom would already be gone/history.