Comments on: What If… http://www.allaboutnortel.com/2008/03/03/what-if/ All the News about Nortel Networks Thu, 09 Feb 2012 03:34:00 +0000 hourly 1 By: ex-nt http://www.allaboutnortel.com/2008/03/03/what-if/comment-page-1/#comment-30813 ex-nt Sat, 08 Mar 2008 08:20:42 +0000 http://www.allaboutnortel.com/2008/03/03/what-if/#comment-30813 Observer,<br>First you claim the Garys were plants for CISCO, then you claim they would have made no difference? Then Nortel is in bed with Government of Canada?? Do you have any stories about black helicopters, aliens, and Mike Z??? Observer,
First you claim the Garys were plants for CISCO, then you claim they would have made no difference? Then Nortel is in bed with Government of Canada?? Do you have any stories about black helicopters, aliens, and Mike Z???

]]> By: ex-nt http://www.allaboutnortel.com/2008/03/03/what-if/comment-page-1/#comment-6064 ex-nt Sat, 08 Mar 2008 03:20:42 +0000 http://www.allaboutnortel.com/2008/03/03/what-if/#comment-6064 Observer,<br>First you claim the Garys were plants for CISCO, then you claim they would have made no difference? Then Nortel is in bed with Government of Canada?? Do you have any stories about black helicopters, aliens, and Mike Z??? Observer,
First you claim the Garys were plants for CISCO, then you claim they would have made no difference? Then Nortel is in bed with Government of Canada?? Do you have any stories about black helicopters, aliens, and Mike Z???

]]> By: Ex-Nortel http://www.allaboutnortel.com/2008/03/03/what-if/comment-page-1/#comment-6065 Ex-Nortel Fri, 07 Mar 2008 20:19:15 +0000 http://www.allaboutnortel.com/2008/03/03/what-if/#comment-6065 The comments about Gary's 'plans coming from God' comes from back door statements from former CFO Peter C. Gary wanted the BOD to remove Peter C because he felt that Nortel's accounting practices were unacceptable (36 different P&Ls, no corporate wide ERP or accounting systems, etc) and that there would be future restatements that would affect Nortel's credibility. Gary D. was right. Nortel has restated 4 times since he has left. Peter C is now gone and Nortel has a new CFO. <br><br>The 'God' comments were Peter C.'s way of getting back at Gary D. Harry Pearce apologized to Gary D. The comments about Gary's 'plans coming from God' comes from back door statements from former CFO Peter C. Gary wanted the BOD to remove Peter C because he felt that Nortel's accounting practices were unacceptable (36 different P&Ls, no corporate wide ERP or accounting systems, etc) and that there would be future restatements that would affect Nortel's credibility. Gary D. was right. Nortel has restated 4 times since he has left. Peter C is now gone and Nortel has a new CFO.

The 'God' comments were Peter C.'s way of getting back at Gary D. Harry Pearce apologized to Gary D.

]]> By: Observer http://www.allaboutnortel.com/2008/03/03/what-if/comment-page-1/#comment-6066 Observer Wed, 05 Mar 2008 18:31:37 +0000 http://www.allaboutnortel.com/2008/03/03/what-if/#comment-6066 You guys don't seem to realize how deep in bed Nortel is with the Canadian government. Worst case scenario is a government bailout of Nortel via further loan guarantees. Remember Nortel is one of the primary equipment suppliers for the 2010 Vancouver olympics. <br><br>By the way, anyone paying attention to 3COMs troubles with the US government regarding Huawei taking a stake in the company ? I doubt the Canadian government would idly sit by if any foreign entity tried to take Nortel over. <br><br>Shareholders can do what they want but I don't think they are always the primary reason decisions are taken despite all the talk you may hear from corporate speak. There is always more going on behind the scenes than shareholders know or care about. <br><br>Its clear to me Nortel isn't about to sell out. At worst they will retreat into Canada and become an arm of BCE again. You guys don't seem to realize how deep in bed Nortel is with the Canadian government. Worst case scenario is a government bailout of Nortel via further loan guarantees. Remember Nortel is one of the primary equipment suppliers for the 2010 Vancouver olympics.

By the way, anyone paying attention to 3COMs troubles with the US government regarding Huawei taking a stake in the company ? I doubt the Canadian government would idly sit by if any foreign entity tried to take Nortel over.

Shareholders can do what they want but I don't think they are always the primary reason decisions are taken despite all the talk you may hear from corporate speak. There is always more going on behind the scenes than shareholders know or care about.

Its clear to me Nortel isn't about to sell out. At worst they will retreat into Canada and become an arm of BCE again.

]]> By: Nortel watcher http://www.allaboutnortel.com/2008/03/03/what-if/comment-page-1/#comment-6067 Nortel watcher Wed, 05 Mar 2008 14:02:38 +0000 http://www.allaboutnortel.com/2008/03/03/what-if/#comment-6067 Observer:<br>If the Garys were to package up Nortel to sell to Cisco, then it was moot for Owens and the board to fire them given Nortel's pps today. If your hunch is true, then at least back then the Garys would have gotten Nortel shareholders a better share acquisition price than they could get today or in the foreseeable future. Observer:
If the Garys were to package up Nortel to sell to Cisco, then it was moot for Owens and the board to fire them given Nortel's pps today. If your hunch is true, then at least back then the Garys would have gotten Nortel shareholders a better share acquisition price than they could get today or in the foreseeable future.

]]> By: Observer http://www.allaboutnortel.com/2008/03/03/what-if/comment-page-1/#comment-6068 Observer Wed, 05 Mar 2008 04:34:59 +0000 http://www.allaboutnortel.com/2008/03/03/what-if/#comment-6068 Not smoking anything. The Garys were finished before they even got started. I'd love to hear their "drawn up plans." ex-nt. The Garys would not have managed Nortel thru the accounting and financial crisis they were in. I've said it before and I'll say it again. The Garys wouldn't have been alter Nortel's course all that much as most of the damage was done before their time by lack of execution on creating new products. Now that we are headed into a significant slowdown Nortel will get another reprieve for their R&D to play catchup. Not smoking anything. The Garys were finished before they even got started. I'd love to hear their “drawn up plans.” ex-nt. The Garys would not have managed Nortel thru the accounting and financial crisis they were in. I've said it before and I'll say it again. The Garys wouldn't have been alter Nortel's course all that much as most of the damage was done before their time by lack of execution on creating new products. Now that we are headed into a significant slowdown Nortel will get another reprieve for their R&D to play catchup.

]]> By: ex-nt http://www.allaboutnortel.com/2008/03/03/what-if/comment-page-1/#comment-6069 ex-nt Tue, 04 Mar 2008 15:30:33 +0000 http://www.allaboutnortel.com/2008/03/03/what-if/#comment-6069 Observer is smoking something. Observer is smoking something.

]]> By: Not An Accountant http://www.allaboutnortel.com/2008/03/03/what-if/comment-page-1/#comment-6070 Not An Accountant Tue, 04 Mar 2008 13:34:07 +0000 http://www.allaboutnortel.com/2008/03/03/what-if/#comment-6070 Observer: Do actually have facts to substantiate that or you're just speculating? Observer: Do actually have facts to substantiate that or you're just speculating?

]]> By: Break It Up http://www.allaboutnortel.com/2008/03/03/what-if/comment-page-1/#comment-6071 Break It Up Mon, 03 Mar 2008 19:23:09 +0000 http://www.allaboutnortel.com/2008/03/03/what-if/#comment-6071 Mark... great insight. Gary would have certainly moved much more heavily into enterprise which would have made a read difference. At least he would make some strategic decisions instead of getting stuck navel gazing like Zman. Mark… great insight. Gary would have certainly moved much more heavily into enterprise which would have made a read difference. At least he would make some strategic decisions instead of getting stuck navel gazing like Zman.

]]> By: ex-nt http://www.allaboutnortel.com/2008/03/03/what-if/comment-page-1/#comment-6072 ex-nt Mon, 03 Mar 2008 18:35:59 +0000 http://www.allaboutnortel.com/2008/03/03/what-if/#comment-6072 The Gary's definitely had the right plan and it could have worked. Everything was analyzed, plans drawn up, ready to go. I believe the disagreement was over UMTS which gary wanted to shut. He was proven right years later. This was a major lost opportunity. Another factor is how the Gary's made their decisions - they had a very analytical fair approach that did not alienate the engineers or business people. The Gary's definitely had the right plan and it could have worked. Everything was analyzed, plans drawn up, ready to go. I believe the disagreement was over UMTS which gary wanted to shut. He was proven right years later. This was a major lost opportunity. Another factor is how the Gary's made their decisions – they had a very analytical fair approach that did not alienate the engineers or business people.

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