Comments on: Avaya to Unveil New Road Map on Jan. 19

By: manchunli

manchunli — Fri, 22 Jan 2010 08:10:03 +0000

I do not understand why the transaction date is 19 Dec 2009. Why it is not 31 Dec 09 or 1 Jan 2010. I hope there is no corruption (Trf customer order to Avaya)

By: manchunli

manchunli — Fri, 22 Jan 2010 03:10:03 +0000

I do not understand why the transaction date is 19 Dec 2009. Why it is not 31 Dec 09 or 1 Jan 2010. I hope there is no corruption (Trf customer order to Avaya)

By: less

less — Thu, 21 Jan 2010 15:04:45 +0000

To paraphrase Joel, the whereabouts of $2.4 billion in cash is important to understand.

I read through many of these quotes that are supposedly ancient hat that we need to put behind us and move on, etc. but their utterers are still around, allocating the next few bil, 'splaining how important it is they do so.

By: AcrimoniousAl

AcrimoniousAl — Thu, 21 Jan 2010 07:08:57 +0000

I would like to understand more about that $2.4 billion in cash. The Ottawa Citizen reported that most of the cash was held by foreign subsidiaries and committed to joint ventures. If the cash wasn't readily available for paying down the debt that was due on Jan 15th 2009 and also available for continued restructuring then shouldn't it have showed up on the balance sheet as Restricted Cash?

By: less

less — Wed, 20 Jan 2010 17:07:57 +0000

http://community.nortel.com/go/blogs/buzzboard/...

January 14, 2009 (Computerworld) One major reason why Nortel Networks Corp. filed for protection from its creditors in the U.S. and other countries today was to preserve $2.4 billion in cash, which the company plans to use to provide support and service its customers, Nortel's head of enterprise sales said today.

"The $2.4 billion in cash we have is an important number to understand," said Joel Hackney, president of enterprise solutions at Nortel, in a telephone interview. "That money allows us to deliver products we have committed to customers and allows product support for customers."

By: less

less — Wed, 20 Jan 2010 16:36:42 +0000

Surely we all still have this link in our Favorites - www.joelhackney.com?
Last updated in 2008ish.

I thrive on the chance to tackle complex challenges and come up with simple, effective and well-designed solutions. After 15 years with GE, I joined Nortel in December 2005 where I now serve as President, Enterprise Solutions. In addition to diving head-first into the dynamic telecommunications world, joining Nortel also gave me a chance to come home to North Carolina after spending several years abroad.

His favorite books are loaded with road maps:

•Good to Great by Jim Collins - While the book offers no silver bullets for success, it does lay out a great road map for companies to improve their execution based on an exhaustive research process.

•Road LessTraveled by Scott Peck - His personal stories as well as the those of others make for a very compelling read.

•What The Dog Saw by Malcolm Gladwell

•The Dog We Saw on our Way Out the Door With no Severance - by Nortel Employees

By: less

less — Wed, 20 Jan 2010 15:39:41 +0000

yes4aapl
666 posts

By: exNTII

exNTII — Wed, 20 Jan 2010 15:20:02 +0000

note to self. never hire a nincompoop like you who only complain and whine and see gloom in everything.

read slowly

y o u w i l l a l w a y s b e a s c h m u c k .

By: less

less — Wed, 20 Jan 2010 13:19:34 +0000

The possibilities are nigh endless -

("Elvira" sung with a Spanish accent)

Avaya, Avaya!
My foreskeen on fya,
uh-BY-ah!

(segue into)

Juan sings uh-BY-ah
I hear Uh, bye, yall.

I sing Kum-by-ah.
You say Oiweh! Ja!

You say A-vay-a
I say Uh, why, huh?

A-vay-a! Uh, why, huh?
uh-BY-ah! Uh, bye, yall !

Lets call the whole thing off.

By: freqmgr

freqmgr — Wed, 20 Jan 2010 09:29:28 +0000

Yep, Hack is still there. Maybe he is planning to take over Avaya? Or becoming the ethics prime for the new firm? Probably will need to hire Mike Z to help with that program.