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What’s Nortel’s Investment Thesis?
By Mark Evans | March 5, 2008
Sramana Mitra wonders about Nortel’s investment thesis…other than reducing costs.
“How the company gets turned around, is difficult to assess. There doesn’t seem to be any strategic guidance from the management, besides continued drastic cost-cutting. In contrast, at least 3Com (COMS) has an investment thesis, even though they have their own headaches with the government.”
It’s a legitimate question because it’s there doesn’t seem to be any core strategic goals. The corporate strategic mantra seems to be “hyperconnectivity” but what does that really mean? It that a strategy, a technology, a corporation vision?
More: Hugh Anderson has some thoughts about Nortel and its relevancy in today’s Financial Post.
Topics: Financials |