Comments on: No Telling About Nortel http://gigaom.com/2006/10/09/nortel/ Sun, 19 May 2013 13:25:40 +0000 hourly 1 http://wordpress.com/ By: Chris http://gigaom.com/2006/10/09/nortel/#comment-125629 Sun, 10 Feb 2008 19:57:56 +0000 http://gigaom.wordpress.com/2006/10/09/nortel/#comment-125629 Nortel’s “trimming the dead branches”, is it? Getting the “brush out of the way”? What does it say to you when a company has laid off close to 80% of its workforce – makes for a lot of dead branches, don’t you think?

And why, despite revenues in the billions of dollars, is it still unable to turn its fortunes around? Just how inept and incompetent – or self-serving – does executive leadership have to be for this dismal a performance for 8 years running?

Just how many lifetimes constitute “long term” for you Nortel cheerleaders? I suspect toilet paper would be a better investment than Nortel stock, at this point – that’s about all it’s good for.

]]> By: Steve http://gigaom.com/2006/10/09/nortel/#comment-125628 Tue, 10 Oct 2006 13:43:24 +0000 http://gigaom.wordpress.com/2006/10/09/nortel/#comment-125628 I have been watching Nortel with great interest. Seems to me that Nortel has potential but just did not have its house in order. Strange that they had so many accounting problems. However, I do think that with good management, the company can do well once they get all of the brush out of the way.

I’m buying in!!

]]> By: Makr Evans http://gigaom.com/2006/10/09/nortel/#comment-125627 Tue, 10 Oct 2006 11:32:24 +0000 http://gigaom.wordpress.com/2006/10/09/nortel/#comment-125627 katie,
nice to see someone else is blogging about nortel’s troubles these days.

]]> By: Ryan http://gigaom.com/2006/10/09/nortel/#comment-125626 Tue, 10 Oct 2006 04:19:18 +0000 http://gigaom.wordpress.com/2006/10/09/nortel/#comment-125626 As an investor in Nortel I think that this company will see a strong finish to 2006. One in which they will show profits and the potential for much greater profits. Nortel is in a position of leadership in many of its markets and this will prove to be its greatest asset in its restructuring. A patient investor will have a large return, but a short term investor will also be rewarded in my opinion.

]]> By: rick http://gigaom.com/2006/10/09/nortel/#comment-125625 Mon, 09 Oct 2006 20:41:56 +0000 http://gigaom.wordpress.com/2006/10/09/nortel/#comment-125625 I really believe Nortel is in an excellent position going forward, if they execute. Nortel is on the forefront of mobile and IP technologies. That fertile soil, combined with trimming the dead branches, could lead to a healthy future.

As a potential investor, the only real drawback is their financial baggage from past problems. It’s priced in by now, so I believe Nortel is a good value. It will take a patient investor though, as this tree may not bear fruit for awhile.

]]>