What to Expect on Monday

By Mark Evans | Published: February 28, 2009

On Monday, Nortel will release its fourth-quarter and 2008 full-year results.

From a numbers perspective, analysts expect a fourth-quarter profit of 21 cents a share (before one-time items) on revenue of $2.74 billion, compared with a profit of 48 cents on revenue of $3.2 billion in the fourth-quarter of 2007.

The real focus will be on any updates that senior management will provide on the bankruptcy filing, the creation of a new business plan, and the restructuring plan.

The unfortunate part is there will be no opportunity for industry or financial analysts to ask questions because Nortel has decided not to do a Webcast or teleconference. While this allows it to control the message, it creates the impression Nortel is hiding. Nortel could have easily done a Webcast or teleconference but stuck to a well-honed script when asked questions.

For more, Reuters has a story.

More: For anyone living in Ottawa, check out this article in the Ottawa Citizen about the impact that has had on the community over the years.

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  • scalpcutter

    I am just going to sic my boys on you bunch of pathetic sniffers. The jig is up. You've been exposed for the sham you are..kid.

  • scalpcutter

    If there is one thing I have no time for and will definitely publicize and point it out at every opportunity, face to face, online, or under any other circumstance it is people who blab about how other people “should do this, should do that” questioning someone elses circumstances, situation or character when they themself have none. Kind of like the nagging wife or andy rooney on steroids.
    What a joke.

  • DRP666

    Go on your apatheic ways …just like the rest of the world did when Adolf was stirring up things in Europe. You are a uneducated momma's boy with no consideration for anyone else than yourself. You are the joke and have no clue what is going on. Don't listen to me…it's a free world…thanks to people like maybe your grandfather that stood up to the injustices…..but you can go ahead and keep your head down….maybe you won't get hit. I guess people have to listen to your crap cause your're always right…..what a joke indeed.

  • scalpcutter

    Whatever makes you feel better little boy.
    Just break out those placards of protest and get up there on parliament hill. You'll save the world.

  • Another_Nortel_Watcher

    Absolutely – that is the loudest noise you can make. The company talks like employees are golden and acts like they are liabilities. Time for the employees to flex a little muscle.

    It doesn't matter that you don't have a union. You are perfectly safe if you do it right, especially in Canada (and better off without union bloodsuckers reaching into your wallet).

    Call in sick. “Oh boss, killer migraine, can't function. Going to see doctor.”

    Go see your Doctor (very important step). Same story, “Bad headache, can't function. Could it be the stress I'm under? I expect to get laid off any day. I feel dizzy, how is my blood pressure?”. Now you have a bullet-proof paper trail.

    At end of day, email boss “Dr said this ______. “

  • Another_Nortel_Watcher

    Yeah, but that means those eligible are probably guaranteed at least 50% of it, the average person will get 90% of it, and the GEniuses will get all of it and more.

  • Another_Nortel_Watcher

    Yep, that's exactly what's gonna happen. Joel Hackney – light bulb man, woman-beater, employee-intimidator, clueless enterprise laughing-stock – is going to get more than a year's salary as a bonus to keep driving Nortel into the ground.

    HOW DOES THAT MAKE EVERYONE FEEL?

  • Nortel_Sucker

    Dim Reaper, you don't like Monday's because that is the day your mamma yells at you to go out and get a job.

  • GrimReaper

    Guess I won't be looking for a job at Nortel, eh? You might need to go clean out your old room so you and the family can move back into mommy and daddy's house! Don't forget to take out the trash!!!

  • GrimReaper

    You are a big talker, punk. Big boy cubicle dweller. I would welcome to lay your fat soft ass out.

  • GrimReaper

    I bet you haven't ever been in a fight, pussy.

  • GrimReaper

    You are a freaking fag, and won't do anything but sit on that fat, cubicle soft ass of yours and pretend that you are tough. Pussy.

  • GrimReaper

    Both of you are fucking faggots probably sucking each other off after sending your bullshit online like the pussy you are, fag boy canadian,too? go drink some tea fuckface

  • GrimReaper

    The same little boys you blow while blogging instead of working you pussy fag.

  • broadbandbill

    You got bad Karma dude; chill and inhale some of that ‘medicinal cannabis’ (not condoning illegal use); you have a good argument against the temporary and alcohol manufacturers-backed laws (US of course, where else)…–bb

    Also, you seem like the creative type so let's do away with the satanic references.

  • exnt_x_2

    Reductio ad Hitlerum,

    Of course it had to happen.

  • broadbandbill

    Surprisingly, Z and his GEngsters have found a way to turn even them into non-believers. Now that ain’t easy…–bb

  • broadbandbill

    What kind of person takes pleasure in witnessing other people’s pain? You are deeply disturbed and you should NOT be allowed to post anymore…–bb

    Mark, this is NOT cool and not kosher at all. AT ALL!!!!!!

  • scalpcutter

    Let's meet chicken heart.
    What town you in?

  • scalpcutter

    Let's find out?

  • Nortel_Sucker

    Dim Reaper, of course you won't be looking for a job at Nortel. Being a total zero that you are, you somehow manged to get canned from a place where it is impossible to get canned? How incompetent can you get when you get axed for being a supreme ass kisser? Don't fret, there are still enough NT employees cars to wash for you to support your meth trips.

  • less

    And I still think management should be forced to walk the silent if watchful gauntlet at work daily.

    The Believers say “We stand, we walk behind you!”, whilst the non-Believers would actually do it. – just not the way Mikey envisioned with his “forward-looking” schtick.

  • skeptical2009

    why dont you two ex-installer types go get a room?

  • HeadsZWinsTailsYouLose

    I think as soon as Z presents the plan NT is Chapter 7. Creditors will not go for it and will press for liquidation. Right now the creditor's hands are tied in court. I agree with C_O that Z and the gang are grabbing as much as they can while it is still possible (docket 389).

    If only we had proof of ill intentions……

  • Pingback: The truth behind KEIP: How the executive plans to profit off the downfall of Nortel « Nortel Insider - by Desk Jockey

  • CrazyCanuk

    And that would be precisely why they modified the 2009 bonus program to pay out quarterly rather that annually.

    (Go on take the money and run)

  • CrazyCanuk

    “HOW DOES THAT MAKE EVERYONE FEEL?”

    If you really want the truth, it makes me want to blow chunks!

  • CrazyCanuk

    And that would be precisely why they modified the 2009 bonus program to pay out quarterly rather that annually.

    (Go on take the money and run)

  • CrazyCanuk

    “HOW DOES THAT MAKE EVERYONE FEEL?”

    If you really want the truth, it makes me want to blow chunks!

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