Comments on: Nortel’s Ambitious Financial Targets

By: Ryan

Ryan — Tue, 21 Nov 2006 23:11:30 +0000

I think ‘ambitious’ is a gross understatement of what Nortel hopes to achieve. The company cites that there are pricing pressures and higher competition for market share, something that clearly was a problem for them this past quarter. Yet manages to keep a straight face while telling investors that the company will magically pull a 43% gross margin and high single digit growth. I don’t see this happening–ever. Nortel is unfortunately putting itself in a position of not keeping up with sector trends by avoiding a merger of any sort. How does it plan on competing effectively with companies that it currently cannot compete with, once these companies become one and become more efficient? I certainly don’t know, but at least I’m thinking about. Something I feel should be brought up at a board meeting one day to make the executives aware of it too. What worries me even more is that they are aware of it and just ignorant of the fact. I think what we have here is an overly ambitious group of executives with overly ambitious goals. Unforunately they have no means to make their fantasies a reality.

By: McGregor

McGregor — Sun, 19 Nov 2006 23:29:26 +0000

$2.35?! is he serious

I thought he was an analyst

Is he aware there is a reverse split in December?

They will be lucky to be around in a few years at this rate!

By: Observer

Observer — Fri, 17 Nov 2006 22:03:41 +0000

Margins Nortel calls “stable” now have declined, not increased, citing comeptitive pressures.

How can they be stable if they are hoping to better them in a market of consolidating peers and customers while increasing overhead through bonds.

The clock is ticking and things arn’t turning around are they? Quite the contrary it seems.