Comments on: Who’s Going to Buy MEN?

By: commentor

commentor — Thu, 25 Sep 2008 09:48:35 +0000

Narf9. I agree with you. Philippe -despite his deadly mistakes of over investing on HDX for years with ZERO return and depsite his lack of none 40G vision- he always wanted to run his own ship (the very creating of MEN i an eaxmple). I think this move is great for Philippe and his very close net of people who worked with him for 15years or more, but it is still a bad move for Nortel. I do think the entire MEN group can be picked up as an R&D group leaving sales to the new buyer to figure out.

The sad thing, Optical layoffs was done for long time based on favoratism. Just check around the old Optical land scape in Ottawa (Nakin and dead startups a as an example) and you will wonder how come these people left the MENteam?. The answer is: they were not part of the Montreal Gang, they were not part of Philippe close group. And this is what may happen again.

No matter what we say, selling MEN is bad for Nortel, Great for Optical Execs and top mgmts, and unknown for MEN employees

By: Another Nortel Watcher

Another Nortel Watcher — Thu, 25 Sep 2008 07:12:11 +0000

narf9 – I understand what you're saying. But just because Philippe and Dino want it to happen, and MZ is stupid enough to allow it to happen, doesn't mean that it's good Nortel shareholder value.

Leaving Nortel will be one of the best things that could happen to the MEN team as long as the current Nortel regime is in place… and I think one of the worst moves for Nortel shareholders.

By: Clint

Clint — Thu, 25 Sep 2008 06:48:10 +0000

Interesting scenario.
If that is the norm it will probably happen at Nortel.
Easy way for NT to get out of paying packages.

By: narf9

narf9 — Thu, 25 Sep 2008 06:26:33 +0000

Hey wake up! NT is not in the process of ditching MEN, MEN execs and Ottawa middle management can't wait to cut NT loose. They've always gone their own way, had their own culture and have been hard to manage from the US boardrooms. Philippe, Dino and the gang are probably drooling over the prospects of being unleashed, and NT Corp USA would be happy to take the cash and cut them loose. Its a win-win no-brainer. Too bad 100GE won't bring any ROI for 5+ years.

By: commentor

commentor — Thu, 25 Sep 2008 05:48:35 +0000

By: Another Nortel Watcher

Another Nortel Watcher — Thu, 25 Sep 2008 03:12:11 +0000

narf9 – I understand what you're saying. But just because Philippe and Dino want it to happen, and MZ is stupid enough to allow it to happen, doesn't mean that it's good Nortel shareholder value.

Leaving Nortel will be one of the best things that could happen to the MEN team as long as the current Nortel regime is in place… and I think one of the worst moves for Nortel shareholders.

By: Clint

Clint — Thu, 25 Sep 2008 02:48:10 +0000

Interesting scenario.
If that is the norm it will probably happen at Nortel.
Easy way for NT to get out of paying packages.

By: narf9

narf9 — Thu, 25 Sep 2008 02:26:33 +0000

By: 40G Here, 40G There | All About Nortel

40G Here, 40G There | All About Nortel — Wed, 24 Sep 2008 17:29:18 +0000

[...] all the talk about Nortel’s Metro Ethernet Network business (including a strange quote from MEN prez Philippe Morin that the news of its availability had attracted more buyers), is this [...]

By: Bo Gowan

Bo Gowan — Wed, 24 Sep 2008 15:15:34 +0000

jayemmay – actually no…comments submitted have dropped off this week (imagine that). If you'd like to post a comment feel free. Unless you are a first-time commenter on Buzzboard, your comment goes live automatically.