Comments on: Rich Tehrani’s Bullish Take on Nortel http://www.allaboutnortel.com/2006/09/09/rich-tehranis-bullish-take-on-nortel/ All the News about Nortel Networks Thu, 09 Feb 2012 03:34:00 +0000 hourly 1 By: whatthefuss http://www.allaboutnortel.com/2006/09/09/rich-tehranis-bullish-take-on-nortel/comment-page-1/#comment-347 whatthefuss Thu, 14 Sep 2006 05:12:41 +0000 http://allaboutnortel.com/?p=293#comment-347 "Before he joined Motorola, Zafirovski logged 24 years at General Electric. Though Motorola had some critical stumbles in the all-important handset business under Zafirovski's watch, he is also credited for helping to tighten the organization by trimming businesses, cutting staff and lowering costs." that's what he will continue to do and that's all he knows. Nortel BOD brought in someone that got a FEW YEARS experience on Motorola HANDSET BUSINESS ....... BUT not about hardware and software, and sytems and networks. Nortel is becoming a "mobile" company and the divisions become like "handsets". each "handset" group got 20 percent target to stay or doom. like the handset business, cost IS the benchmark. No stealing my free lunch and bottle water! Bring your own paper clips! (you could hear Mike Z. say the messages into the corporate voicemail) Mike Z. (long time working in GE) ..... a repeat problem like Bill Owens (long time working in government) a repeat problem with Nortel BOD ..... CEO HIRING. what keeps Nortel afloat ? they got connections with the bank loans. In return, the banks got Nortel assets and interests and they got stock options and bonus for exit strategy. “Before he joined Motorola, Zafirovski logged 24 years at General Electric. Though Motorola had some critical stumbles in the all-important handset business under Zafirovski’s watch, he is also credited for helping to tighten the organization by trimming businesses, cutting staff and lowering costs.”

that’s what he will continue to do and that’s all he knows. Nortel BOD brought in someone that got a FEW YEARS experience on Motorola HANDSET BUSINESS ……. BUT not about hardware and software, and sytems and networks.

Nortel is becoming a “mobile” company and the divisions become like
“handsets”. each “handset” group got 20 percent target to stay or doom. like the handset business, cost IS the benchmark.

No stealing my free lunch and bottle water! Bring your own paper clips! (you could hear Mike Z. say the messages into the corporate voicemail)

Mike Z. (long time working in GE) ….. a repeat problem like Bill Owens (long time working in government)

a repeat problem with Nortel BOD ….. CEO HIRING. what keeps Nortel afloat ? they got connections with the bank loans. In return, the banks got Nortel assets and interests and they got stock options and bonus for exit strategy.

]]> By: nortel http://www.allaboutnortel.com/2006/09/09/rich-tehranis-bullish-take-on-nortel/comment-page-1/#comment-345 nortel Sun, 10 Sep 2006 11:50:42 +0000 http://allaboutnortel.com/?p=293#comment-345 excellent point. it is difficult, if not impossible, for anyone to make that kind of sweeping statement given nortel's current state of affairs. you could argue zafirovski exudes strong leadership but to suggest nortel is headed in the right direction is way, way too optimistic and premature. excellent point. it is difficult, if not impossible, for anyone to make that kind of sweeping statement given nortel’s current state of affairs. you could argue zafirovski exudes strong leadership but to suggest nortel is headed in the right direction is way, way too optimistic and premature.

]]> By: Stanley http://www.allaboutnortel.com/2006/09/09/rich-tehranis-bullish-take-on-nortel/comment-page-1/#comment-346 Stanley Sun, 10 Sep 2006 08:18:30 +0000 http://allaboutnortel.com/?p=293#comment-346 "I would guess this strategy will pay off, as long as the company executes and Zafirovski continues to exude strong leadership. So far, so good." The stock declined over 30% since this inexperienced CEO's arrival. What a track record in acquisitions/ small European orders/ motivated staff by cutting business or layoffs/ microsoft magic bullet against Cisco, etc... His entire commentary is utterly contradictory to anyone following Nortel closely. Is this guy for real? I can't believe what I read. “I would guess this strategy will pay off, as long as the company executes and Zafirovski continues to exude strong leadership. So far, so good.”

The stock declined over 30% since this inexperienced CEO’s arrival.

What a track record in acquisitions/ small European orders/ motivated staff by cutting business or layoffs/ microsoft magic bullet against Cisco, etc…

His entire commentary is utterly contradictory to anyone following Nortel closely. Is this guy for real? I can’t believe what I read.

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