Comments on: Meh: Nortel Posts Q3 Results

By: CPTABUI

CPTABUI — Wed, 18 Nov 2009 13:07:39 +0000

This is what its like these days when someone in Enterprise tries to help the CVAS execs with a customer issue:
Earlier this month, Tyler revealed he wanted to take a break from the band.The back-and-forth climaxed last week when Tyler showed up unannounced at Perry’s solo club gig in New York and proclaimed: “I am not leaving Aerosmith.”

Drummer Joey Kramer confirmed the band is experiencing “personal differences,” and will seek a new singer should Tyler leave. “I’d love to hear suggestions... a frontman and performer, able to perform the songs as well as sing them!”

Sound familiar? I suggest Mike Z. He has a huge mouth, a great voice and he's a top performer who put on a front saying no Chapter 11 was imminent just before filing and leaving with his head high to pursue solo interests, i.e. sue for $12mio.

"Walk this Way (This Is Nortel)"

By: CPTABUI

CPTABUI — Wed, 18 Nov 2009 08:07:39 +0000

By: freqmgr

freqmgr — Tue, 17 Nov 2009 23:30:00 +0000

Yes, E&Y will do that….and earn more for “managing” the process.

By: bankrupt_bob

bankrupt_bob — Tue, 17 Nov 2009 22:06:57 +0000

Thanks for your explanation, XPM_guy. For the briefest moment, I thought it might have something to do with us bagholding shareholders.

By: less

less — Tue, 17 Nov 2009 20:16:47 +0000

I hadn't heard that; if so, I expect noble management would reward itself first and foremost, as usual.
I personally doubt I'd invest any of it in E/// – tools, training, etc – until I knew what the heck was up going into the new year.

By: felixmk

felixmk — Tue, 17 Nov 2009 18:20:29 +0000

Is it true that the people going from Nortel to Ericsson for CDMA/LTE got a big cash bonus because Nortel did not want to leave the cash for Ericsson?

By: zeroman

zeroman — Tue, 17 Nov 2009 16:46:58 +0000

CVAS does not appear to be a fit with NSN. Understand the business first. NSN is typically wireless. CVAS is wireline. CVAS also has a lot of old clunker products. An investment from large corporates to buy CVAS is better spent on future tech like LTE.

I dont think there are any large players for CVAS. Otherwise the deal would have taken place already. I think the two small cos are trying to arrange financing but are having a tough time. So my take is there is not a single bid on the table.

Same with MEN. I dont think there is anyone else at the table unless someone decides to crash Ciena's party. The quarterly shows MEN making only 240M of which product must be 200M. Shows business has tanked big time.

By: less

less — Tue, 17 Nov 2009 16:30:06 +0000

In spite of Nortel's best and sustained efforts, of all the offspring Nortel has sprung this year, I'd just like to see one single solitary business unit emerge from the orifice that gives life, not its neighbor.