Comments on: $1.80 http://www.allaboutnortel.com/2008/10/06/180/ All the News about Nortel Networks Thu, 09 Feb 2012 03:34:00 +0000 hourly 1 By: chapter11 http://www.allaboutnortel.com/2008/10/06/180/comment-page-1/#comment-32002 chapter11 Tue, 07 Oct 2008 20:53:49 +0000 http://www.allaboutnortel.com/?p=1437#comment-32002 Bankruptcy and Severance do not go hand in hand<br><br><a href="http://74.125.113.104/search?q=cache:sAUiZWJTYD8J:www.wcl.american.edu/blb/03/1lichtenstein.pdf+company+bankruptcy+severance&hl=en&ct=clnk&cd=2&gl=ca" rel="nofollow">http://74.125.113.104/search?q=cache:sAUiZWJTYD...</a> Bankruptcy and Severance do not go hand in hand

http://74.125.113.104/search?q=cache:sAUiZWJTYD…

]]> By: exnt2 http://www.allaboutnortel.com/2008/10/06/180/comment-page-1/#comment-32003 exnt2 Tue, 07 Oct 2008 18:01:45 +0000 http://www.allaboutnortel.com/?p=1437#comment-32003 I have a strong feeling too that bankruptcy is around the corner. with just 2.5 billion in cash, 6+ billion in debt, floundering sales and almost zero stock value, creditors will start calling. nobody will rush to buy optical until nortel goes past tipping point when panic pushes valuation even lower. by then it will be too late.<br><br>My timeframe would be Jan-Mar 2009. by then nortel would have burnt through another 400 million in cash. stock would be under a buck. I have a strong feeling too that bankruptcy is around the corner. with just 2.5 billion in cash, 6+ billion in debt, floundering sales and almost zero stock value, creditors will start calling. nobody will rush to buy optical until nortel goes past tipping point when panic pushes valuation even lower. by then it will be too late.

My timeframe would be Jan-Mar 2009. by then nortel would have burnt through another 400 million in cash. stock would be under a buck.

]]> By: exnt2 http://www.allaboutnortel.com/2008/10/06/180/comment-page-1/#comment-32005 exnt2 Tue, 07 Oct 2008 17:44:36 +0000 http://www.allaboutnortel.com/?p=1437#comment-32005 keep your chin up buddy. I was in the same situation but I took off - could not take the crap anymore. i had the nortel tattoo on my chest but after years of listening to management bs with no accountabiltiy, I made the decision that there is no point continuing. <br><br>if you get the option to leave take it but until then keep going. it is negative inside and although they say misery loves company, talk to your friends about it to let it out. its impossible or even detrimental to keep it all inside.<br><br>I would disagree on working your ass off. just do your job but nothing more. working your ass off does not work in nortel because there are a lot of people who are sharks who will take credit for what you do.<br><br>dont waste your time on management. they will not answer or be accountable. that would only send up a red flag on you. so it depends.s if you want the check then rock the boat, stir the pot - they will get rid of you. if you want to stay, then keep going under the radar with no excuses for someone to point out problems in performance.<br><br>one thing you absolutely must do is plan your finances. if you are strong there then you are prepared for whatever comes your way. my formula is if you are ready for the worst then anything better is still hlf glass full and positive. bonus if its money. do not waive or defer any payments to next year. cash out in full if you need to. <br><br>stay positive. keep your chin up buddy. I was in the same situation but I took off – could not take the crap anymore. i had the nortel tattoo on my chest but after years of listening to management bs with no accountabiltiy, I made the decision that there is no point continuing.

if you get the option to leave take it but until then keep going. it is negative inside and although they say misery loves company, talk to your friends about it to let it out. its impossible or even detrimental to keep it all inside.

I would disagree on working your ass off. just do your job but nothing more. working your ass off does not work in nortel because there are a lot of people who are sharks who will take credit for what you do.

dont waste your time on management. they will not answer or be accountable. that would only send up a red flag on you. so it depends.s if you want the check then rock the boat, stir the pot – they will get rid of you. if you want to stay, then keep going under the radar with no excuses for someone to point out problems in performance.

one thing you absolutely must do is plan your finances. if you are strong there then you are prepared for whatever comes your way. my formula is if you are ready for the worst then anything better is still hlf glass full and positive. bonus if its money. do not waive or defer any payments to next year. cash out in full if you need to.

stay positive.

]]> By: more http://www.allaboutnortel.com/2008/10/06/180/comment-page-1/#comment-32004 more Tue, 07 Oct 2008 17:01:27 +0000 http://www.allaboutnortel.com/?p=1437#comment-32004 Nortel has devalued so much that even activist investors like Carl Ichan won't touch it with a 10 metre pole. Who is keeping the board of directors honest? Nortel has devalued so much that even activist investors like Carl Ichan won't touch it with a 10 metre pole. Who is keeping the board of directors honest?

]]> By: chapter11 http://www.allaboutnortel.com/2008/10/06/180/comment-page-1/#comment-7278 chapter11 Tue, 07 Oct 2008 16:53:49 +0000 http://www.allaboutnortel.com/?p=1437#comment-7278 Bankruptcy and Severance do not go hand in hand<br><br><a href="http://74.125.113.104/search?q=cache:sAUiZWJTYD8J:www.wcl.american.edu/blb/03/1lichtenstein.pdf+company+bankruptcy+severance&hl=en&ct=clnk&cd=2&gl=ca" rel="nofollow">http://74.125.113.104/search?q=cache:sAUiZWJTYD...</a> Bankruptcy and Severance do not go hand in hand

http://74.125.113.104/search?q=cache:sAUiZWJTYD…

]]> By: exnt2 http://www.allaboutnortel.com/2008/10/06/180/comment-page-1/#comment-7279 exnt2 Tue, 07 Oct 2008 14:01:45 +0000 http://www.allaboutnortel.com/?p=1437#comment-7279 I have a strong feeling too that bankruptcy is around the corner. with just 2.5 billion in cash, 6+ billion in debt, floundering sales and almost zero stock value, creditors will start calling. nobody will rush to buy optical until nortel goes past tipping point when panic pushes valuation even lower. by then it will be too late.<br><br>My timeframe would be Jan-Mar 2009. by then nortel would have burnt through another 400 million in cash. stock would be under a buck. I have a strong feeling too that bankruptcy is around the corner. with just 2.5 billion in cash, 6+ billion in debt, floundering sales and almost zero stock value, creditors will start calling. nobody will rush to buy optical until nortel goes past tipping point when panic pushes valuation even lower. by then it will be too late.

My timeframe would be Jan-Mar 2009. by then nortel would have burnt through another 400 million in cash. stock would be under a buck.

]]> By: exnt2 http://www.allaboutnortel.com/2008/10/06/180/comment-page-1/#comment-7283 exnt2 Tue, 07 Oct 2008 13:44:36 +0000 http://www.allaboutnortel.com/?p=1437#comment-7283 keep your chin up buddy. I was in the same situation but I took off - could not take the crap anymore. i had the nortel tattoo on my chest but after years of listening to management bs with no accountabiltiy, I made the decision that there is no point continuing. <br><br>if you get the option to leave take it but until then keep going. it is negative inside and although they say misery loves company, talk to your friends about it to let it out. its impossible or even detrimental to keep it all inside.<br><br>I would disagree on working your ass off. just do your job but nothing more. working your ass off does not work in nortel because there are a lot of people who are sharks who will take credit for what you do.<br><br>dont waste your time on management. they will not answer or be accountable. that would only send up a red flag on you. so it depends.s if you want the check then rock the boat, stir the pot - they will get rid of you. if you want to stay, then keep going under the radar with no excuses for someone to point out problems in performance.<br><br>one thing you absolutely must do is plan your finances. if you are strong there then you are prepared for whatever comes your way. my formula is if you are ready for the worst then anything better is still hlf glass full and positive. bonus if its money. do not waive or defer any payments to next year. cash out in full if you need to. <br><br>stay positive. keep your chin up buddy. I was in the same situation but I took off – could not take the crap anymore. i had the nortel tattoo on my chest but after years of listening to management bs with no accountabiltiy, I made the decision that there is no point continuing.

if you get the option to leave take it but until then keep going. it is negative inside and although they say misery loves company, talk to your friends about it to let it out. its impossible or even detrimental to keep it all inside.

I would disagree on working your ass off. just do your job but nothing more. working your ass off does not work in nortel because there are a lot of people who are sharks who will take credit for what you do.

dont waste your time on management. they will not answer or be accountable. that would only send up a red flag on you. so it depends.s if you want the check then rock the boat, stir the pot – they will get rid of you. if you want to stay, then keep going under the radar with no excuses for someone to point out problems in performance.

one thing you absolutely must do is plan your finances. if you are strong there then you are prepared for whatever comes your way. my formula is if you are ready for the worst then anything better is still hlf glass full and positive. bonus if its money. do not waive or defer any payments to next year. cash out in full if you need to.

stay positive.

]]> By: more http://www.allaboutnortel.com/2008/10/06/180/comment-page-1/#comment-7280 more Tue, 07 Oct 2008 13:01:27 +0000 http://www.allaboutnortel.com/?p=1437#comment-7280 Nortel has devalued so much that even activist investors like Carl Ichan won't touch it with a 10 metre pole. Who is keeping the board of directors honest? Nortel has devalued so much that even activist investors like Carl Ichan won't touch it with a 10 metre pole. Who is keeping the board of directors honest?

]]> By: Nortelhand http://www.allaboutnortel.com/2008/10/06/180/comment-page-1/#comment-7284 Nortelhand Tue, 07 Oct 2008 12:47:25 +0000 http://www.allaboutnortel.com/?p=1437#comment-7284 concerned,<br><br>Don't stick your head up, you will just be a target. Remember how Mike Z treats people that don't agree with him and that will flow down hill. Get your cv out, it can't hurt. Nortel may or may not go away, but you can start looking. Keep your technical skills up and be ready to relocate if necessary, this goes for everyone in todays job market. concerned,

Don't stick your head up, you will just be a target. Remember how Mike Z treats people that don't agree with him and that will flow down hill. Get your cv out, it can't hurt. Nortel may or may not go away, but you can start looking. Keep your technical skills up and be ready to relocate if necessary, this goes for everyone in todays job market.

]]> By: Clint http://www.allaboutnortel.com/2008/10/06/180/comment-page-1/#comment-7304 Clint Tue, 07 Oct 2008 11:16:20 +0000 http://www.allaboutnortel.com/?p=1437#comment-7304 You are right.<br>The Chinese have mastered the art of deception, Fraud, No Quality of Service, cheating, lying and stealing.<br>They are the masters and they don't learn that from anybody.<br>Witness melamine, lead in toys, more contaminated food, defective and contaminated consumer products, product ripoffs with a chinese name on it, but it works worse than the original, spying, patent infringment and outright theft, internet monitoring and shutting down of controversial sights, over crowding, rampant pollution, chronic disease and death, not enough natural resources....Yep....There isn't much huaweii or China need to learn. They've invented plenty problems on their own and have alot of learning to figure out on their own. You are right.
The Chinese have mastered the art of deception, Fraud, No Quality of Service, cheating, lying and stealing.
They are the masters and they don't learn that from anybody.
Witness melamine, lead in toys, more contaminated food, defective and contaminated consumer products, product ripoffs with a chinese name on it, but it works worse than the original, spying, patent infringment and outright theft, internet monitoring and shutting down of controversial sights, over crowding, rampant pollution, chronic disease and death, not enough natural resources….Yep….There isn't much huaweii or China need to learn. They've invented plenty problems on their own and have alot of learning to figure out on their own.

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