Glad to hear it. I think nortel has, to a large degree, the products and technical talent to accomplish a comeback. The alverion deal is a positive move toward filling the edge gap. I agree that LTE is where the action is, and a positive base for the merger with WiMax.

I wonder out loud, if nortel agrees there is a coming telecommunications slowdown in many emerging markets and return of telecom importance to the NA and Euro markets.

Glad to hear it. I think nortel has, to a large degree, the products and technical talent to accomplish a comeback. The alverion deal is a positive move toward filling the edge gap. I agree that LTE is where the action is, and a positive base for the merger with WiMax.

I wonder out loud, if nortel agrees there is a coming telecommunications slowdown in many emerging markets and return of telecom importance to the NA and Euro markets.

It is truly amazing how fast things change. I hope people remember that, because nortel's dark days are not behind them yet. Progress has been made (and over hyped IMNSHO) lately. However nortel still has serious holes in its access/edge product line. PBT/PBB has taken a serious blow, and nortel is still hemorrhaging talent.

Power consumption is a nice hook, but it will not take people long to catch up, because a lot of the power savings is not in the hardware so much as software capable of turning hardware off and reducing CPU cycles when computing power is not needed.

The current leadership is not even close to recovering the value lost during their tenure so far, and it is *way* to early to start crowing. (early crowing is a perennial nortel marketing mistake)

Strategic vision needs to make it from powerpoint to execution, which is another nortel weakness.

I think nortel will survive due to increases in the reliance on telecommunications to replace travel, the depressed dollar and certainly to the innovators that remain at the company. However I do not credit any of these factors to the current management.

A. They are not all paragons of virtue as you state. Most of the new team: Z, Hackney, Roese, etc. do not inspire confidence in terms of knowledge, integrity, or leadership capability.
B. The current crashing stock has everything to do with the new team's almost 3 years in power. 3 years is almost two product cycles – you cannot blame the 65% reduction in Nortel's stock price over that timeframe on previous management.
C. I expect these folks to turn the company around given all the time they had and all the money they were paid. They have not sacrificed like the over 50,000 people who were laid off over the last 5 years. Let them earn their millions by turning the company around (results to date are disastrous) and stop trying to make them sound like Mother Teresa's. If they are neglecting their families while also screwing up at Nortel then they are fools to be pitied, not glorified.