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	<title>Comments on: Mike Z. Snaps Up Some NT</title>
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	<link>http://www.allaboutnortel.com/2008/03/25/mike-z-snaps-up-some-nt/</link>
	<description>All the News about Nortel Networks</description>
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		<title>By: Adidas Sunglasses</title>
		<link>http://www.allaboutnortel.com/2008/03/25/mike-z-snaps-up-some-nt/comment-page-1/#comment-31586</link>
		<dc:creator>Adidas Sunglasses</dc:creator>
		<pubDate>Wed, 23 Sep 2009 06:51:16 +0000</pubDate>
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		<description>Good stuff.</description>
		<content:encoded><![CDATA[<p>Good stuff.</p>
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		<title>By: Adidas Sunglasses</title>
		<link>http://www.allaboutnortel.com/2008/03/25/mike-z-snaps-up-some-nt/comment-page-1/#comment-26401</link>
		<dc:creator>Adidas Sunglasses</dc:creator>
		<pubDate>Wed, 23 Sep 2009 02:51:16 +0000</pubDate>
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		<description>Good stuff.</description>
		<content:encoded><![CDATA[<p>Good stuff.</p>
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		<title>By: ex-nortel^2</title>
		<link>http://www.allaboutnortel.com/2008/03/25/mike-z-snaps-up-some-nt/comment-page-1/#comment-5176</link>
		<dc:creator>ex-nortel^2</dc:creator>
		<pubDate>Sat, 29 Mar 2008 19:20:15 +0000</pubDate>
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		<description>Another Nortel Watcher,&lt;br&gt;&lt;br&gt;When you get to know the university system well and the professors doing research, ask them about Chinese and Indian students entering Masters and Ph.D. programs. It&#039;s not bias or racism. Their supervisors find a common frustration in how poorly the students are prepared to think independently.</description>
		<content:encoded><![CDATA[<p>Another Nortel Watcher,</p>
<p>When you get to know the university system well and the professors doing research, ask them about Chinese and Indian students entering Masters and Ph.D. programs. It&#39;s not bias or racism. Their supervisors find a common frustration in how poorly the students are prepared to think independently.</p>
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		<title>By: many</title>
		<link>http://www.allaboutnortel.com/2008/03/25/mike-z-snaps-up-some-nt/comment-page-1/#comment-5177</link>
		<dc:creator>many</dc:creator>
		<pubDate>Fri, 28 Mar 2008 21:15:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.allaboutnortel.com/2008/03/25/mike-z-snaps-up-some-nt/#comment-5177</guid>
		<description>BTW: On topic :)&lt;br&gt;&lt;br&gt;From:  &lt;a href=&quot;http://biz.yahoo.com/indie/080328/1152_id.html?.v=1&quot; rel=&quot;nofollow&quot;&gt;http://biz.yahoo.com/indie/080328/1152_id.html?...&lt;/a&gt; &lt;br&gt;&lt;br&gt;&quot;Under Nortel&#039;s stock ownership guidelines, Zafirovski must own 5X his annual base salary of approximately $1.2M in stock within five years of being named to his post, and Pearce must own $1.6M in shares within five years of being named to his position. Share units are counted towards Pearce&#039;s holdings.&lt;br&gt;&lt;br&gt;Due to the significant decline in Nortel&#039;s stock price, Zafirovski is only about 40% of the way towards reaching the required ownership level, while Pearce is about 44% of the way there. This is despite the fact that Zafirovski has purchased more than $1.5M in stock on the open market and that he was awarded shares of restricted stock that had a value of more than $7M when issued in 2005. Nortel insiders were prohibited from conducting transactions for seven months in 2005 and four months in 2006 due to delinquent filings and other issues, narrowing the window when insiders could buy stock. Additionally, the vesting of Zafirovski&#039;s restricted stock award in late 2006 forced him to sell some shares to deal with the tax liability, locking him up for a further six months due to short-swing rules.&quot;</description>
		<content:encoded><![CDATA[<p>BTW: On topic <img src='http://www.allaboutnortel.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>From:  <a href="http://biz.yahoo.com/indie/080328/1152_id.html?.v=1" rel="nofollow">http://biz.yahoo.com/indie/080328/1152_id.html?&#8230;</a> </p>
<p>&#8220;Under Nortel&#39;s stock ownership guidelines, Zafirovski must own 5X his annual base salary of approximately $1.2M in stock within five years of being named to his post, and Pearce must own $1.6M in shares within five years of being named to his position. Share units are counted towards Pearce&#39;s holdings.</p>
<p>Due to the significant decline in Nortel&#39;s stock price, Zafirovski is only about 40% of the way towards reaching the required ownership level, while Pearce is about 44% of the way there. This is despite the fact that Zafirovski has purchased more than $1.5M in stock on the open market and that he was awarded shares of restricted stock that had a value of more than $7M when issued in 2005. Nortel insiders were prohibited from conducting transactions for seven months in 2005 and four months in 2006 due to delinquent filings and other issues, narrowing the window when insiders could buy stock. Additionally, the vesting of Zafirovski&#39;s restricted stock award in late 2006 forced him to sell some shares to deal with the tax liability, locking him up for a further six months due to short-swing rules.&#8221;</p>
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		<title>By: southern man</title>
		<link>http://www.allaboutnortel.com/2008/03/25/mike-z-snaps-up-some-nt/comment-page-1/#comment-5180</link>
		<dc:creator>southern man</dc:creator>
		<pubDate>Thu, 27 Mar 2008 19:23:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.allaboutnortel.com/2008/03/25/mike-z-snaps-up-some-nt/#comment-5180</guid>
		<description>Well, THAT&#039;s a refreshing view of things..... ex-nortel is out of touch and most of us in the American south are &quot;backward and ignorant&quot;...... I love tolerance and all the forms it takes.....</description>
		<content:encoded><![CDATA[<p>Well, THAT&#39;s a refreshing view of things&#8230;.. ex-nortel is out of touch and most of us in the American south are &#8220;backward and ignorant&#8221;&#8230;&#8230; I love tolerance and all the forms it takes&#8230;..</p>
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		<title>By: wylde chyld</title>
		<link>http://www.allaboutnortel.com/2008/03/25/mike-z-snaps-up-some-nt/comment-page-1/#comment-5178</link>
		<dc:creator>wylde chyld</dc:creator>
		<pubDate>Thu, 27 Mar 2008 13:58:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.allaboutnortel.com/2008/03/25/mike-z-snaps-up-some-nt/#comment-5178</guid>
		<description>this event resulted from a RSU vest</description>
		<content:encoded><![CDATA[<p>this event resulted from a RSU vest</p>
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		<title>By: Another Nortel Watcher</title>
		<link>http://www.allaboutnortel.com/2008/03/25/mike-z-snaps-up-some-nt/comment-page-1/#comment-5179</link>
		<dc:creator>Another Nortel Watcher</dc:creator>
		<pubDate>Thu, 27 Mar 2008 04:46:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.allaboutnortel.com/2008/03/25/mike-z-snaps-up-some-nt/#comment-5179</guid>
		<description>ex-nortel^2 - BS.  No way.  What university are your two professor friends at?  DeVry?  I know senior people at the major universities in China and they are turning out high caliber grads.  I&#039;ve hired many of them.  The students that your friends are exposed to may be attending American universities because they were unable to gain admission to universities in China.  Just like Americans going to Mexican medical schools.  Seriously guy, you&#039;re out of touch with the world.  You must live in the American south which (with a few exceptions) is one of the most backward and ignorant cultures in the developed world.</description>
		<content:encoded><![CDATA[<p>ex-nortel^2 &#8211; BS.  No way.  What university are your two professor friends at?  DeVry?  I know senior people at the major universities in China and they are turning out high caliber grads.  I&#39;ve hired many of them.  The students that your friends are exposed to may be attending American universities because they were unable to gain admission to universities in China.  Just like Americans going to Mexican medical schools.  Seriously guy, you&#39;re out of touch with the world.  You must live in the American south which (with a few exceptions) is one of the most backward and ignorant cultures in the developed world.</p>
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		<title>By: ex-nortel^2</title>
		<link>http://www.allaboutnortel.com/2008/03/25/mike-z-snaps-up-some-nt/comment-page-1/#comment-5181</link>
		<dc:creator>ex-nortel^2</dc:creator>
		<pubDate>Thu, 27 Mar 2008 04:21:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.allaboutnortel.com/2008/03/25/mike-z-snaps-up-some-nt/#comment-5181</guid>
		<description>After almost three decades in this business, hustling to make something work in the real world, I&#039;ve a fair view on things. We needed to hire four people and it was a tremendous education in what talent is really out there and where it comes from. You eventually  unlearn the PC-speak. And you see with opened eyes again. &lt;br&gt;&lt;br&gt;I have two friends that are professors at their universities and it is a common complaint at how poorly prepared Chinese engineering students are for graduate research. These students don&#039;t question. Everything is procedural. And the point of the degree is to get a job. Drones. It&#039;s a quiet but well understood fact in the community. People are just averse to talk about it outside of the community. You can see why here.&lt;br&gt;&lt;br&gt;But these students did fit in well at Nortel. I can&#039;t argue about that.</description>
		<content:encoded><![CDATA[<p>After almost three decades in this business, hustling to make something work in the real world, I&#39;ve a fair view on things. We needed to hire four people and it was a tremendous education in what talent is really out there and where it comes from. You eventually  unlearn the PC-speak. And you see with opened eyes again. </p>
<p>I have two friends that are professors at their universities and it is a common complaint at how poorly prepared Chinese engineering students are for graduate research. These students don&#39;t question. Everything is procedural. And the point of the degree is to get a job. Drones. It&#39;s a quiet but well understood fact in the community. People are just averse to talk about it outside of the community. You can see why here.</p>
<p>But these students did fit in well at Nortel. I can&#39;t argue about that.</p>
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		<title>By: Another Nortel Watcher</title>
		<link>http://www.allaboutnortel.com/2008/03/25/mike-z-snaps-up-some-nt/comment-page-1/#comment-5182</link>
		<dc:creator>Another Nortel Watcher</dc:creator>
		<pubDate>Thu, 27 Mar 2008 03:01:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.allaboutnortel.com/2008/03/25/mike-z-snaps-up-some-nt/#comment-5182</guid>
		<description>ex-nortel^2 you are a sad case.  Your characterization of people from other places shows a shocking level of ignorance.&lt;br&gt;&lt;br&gt;You think people from China and India are drones because of the way they interact with you.  Just remember this, they come from a different culture and they interact with you in your language...but their dogs understand a lot more of their language than you do.  Think about that.  You are less able to interact with them in their language than their dogs are.  And I think that&#039;s likely a good representation of how you&#039;re regarded.&lt;br&gt;&lt;br&gt;It&#039;s been my experience, which is likely a lot more than yours, that the strength of offshore labs is a reflection of who manages the interface.  Person-for-person, the offshore developer is usually more educated and skilled than the local developer but their performance suffers because of management and communication issues that are solvable.&lt;br&gt;&lt;br&gt;China literally owns (and pwns) North America now.  Who do you think the US and Canada are borrowing all their money from?&lt;br&gt;&lt;br&gt;The Russians and the Europeans may appear to be more proactive to you because they aren&#039;t trying to treat you like a customer and they don&#039;t feel the need to respect your leadership position.     &lt;br&gt;&lt;br&gt;So, you ex-nortel^2 and those who share your attitude are the problem.  Get your heads out of your xenophobic butts and recognize that the world isn&#039;t flat and if you want something to work you need to help *make* it work, not sit on the sidelines and whine.  You need to make the effort to understand how to effectively interact with other cultures or the world will leave you behind.</description>
		<content:encoded><![CDATA[<p>ex-nortel^2 you are a sad case.  Your characterization of people from other places shows a shocking level of ignorance.</p>
<p>You think people from China and India are drones because of the way they interact with you.  Just remember this, they come from a different culture and they interact with you in your language&#8230;but their dogs understand a lot more of their language than you do.  Think about that.  You are less able to interact with them in their language than their dogs are.  And I think that&#39;s likely a good representation of how you&#39;re regarded.</p>
<p>It&#39;s been my experience, which is likely a lot more than yours, that the strength of offshore labs is a reflection of who manages the interface.  Person-for-person, the offshore developer is usually more educated and skilled than the local developer but their performance suffers because of management and communication issues that are solvable.</p>
<p>China literally owns (and pwns) North America now.  Who do you think the US and Canada are borrowing all their money from?</p>
<p>The Russians and the Europeans may appear to be more proactive to you because they aren&#39;t trying to treat you like a customer and they don&#39;t feel the need to respect your leadership position.     </p>
<p>So, you ex-nortel^2 and those who share your attitude are the problem.  Get your heads out of your xenophobic butts and recognize that the world isn&#39;t flat and if you want something to work you need to help *make* it work, not sit on the sidelines and whine.  You need to make the effort to understand how to effectively interact with other cultures or the world will leave you behind.</p>
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		<title>By: ex-nortel^2</title>
		<link>http://www.allaboutnortel.com/2008/03/25/mike-z-snaps-up-some-nt/comment-page-1/#comment-5183</link>
		<dc:creator>ex-nortel^2</dc:creator>
		<pubDate>Thu, 27 Mar 2008 02:09:18 +0000</pubDate>
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		<description>The bitterness comes from you, my friend. And of course it&#039;s relevant. We&#039;ve hired from a pool of engineers born around the world. And it&#039;s been a constant. If you want tame well trained drones look to China or India. If you want thinking educated people then it&#039;s North America or Europe. And I&#039;ve come across a group of Russian students that are first rate. These guys know how to think and problem solve. It puts even Canadians to shame. Imagine that. ;)</description>
		<content:encoded><![CDATA[<p>The bitterness comes from you, my friend. And of course it&#39;s relevant. We&#39;ve hired from a pool of engineers born around the world. And it&#39;s been a constant. If you want tame well trained drones look to China or India. If you want thinking educated people then it&#39;s North America or Europe. And I&#39;ve come across a group of Russian students that are first rate. These guys know how to think and problem solve. It puts even Canadians to shame. Imagine that. <img src='http://www.allaboutnortel.com/wp-includes/images/smilies/icon_wink.gif' alt=';)' class='wp-smiley' /> </p>
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