Hey, this is an improvement. Only a month after the of the quarter. It still takes Nortel 4 weeks to do what Cisco does in 1 week.
RJ
· 1 year ago
If they were trying to put one by us they would release after trading hours on August 1st
Tongue.In.Cheek
· 1 year ago
Of course Nortel is messing with your mind as it gives them great comical relief. When you have people that constantly whine, complain and manipulate facts for the purpose of bashing, then why not poke them in the eye now and then too. Imagine being a fly on the wall at the next Board of Directors meeting when this is tabled as an agenda item. Maybe they can get a comedian to host that session to build even better material for use during the call for the sole purpose of poking fun.
A little sarcasm on a Friday can be fun ;-)
puddintane
· 1 year ago
Its well beyond proven that American SUV emissions cause global warming causing global flooding causing global cooling causing global drought. So yeah, its gonna be hot. Or cold. Or wet. Or dry.
But pretty much any excuse to drink beer will do.
Whats really important in August is that you minimize your own impact upon Mother Nature by recycling them beer cans. The stock market will respond accordingly, positively.
ex-nt
· 1 year ago
My prediction on Q2:
- will beat expectations for revenue - cash flow will be poor - the results will be hard to decipher - where did the revenue come from? - Mike Z will claim fantastic progress - this will be caused by deferred revenue from long-ago sales
Another Nortel Watcher
· 1 year ago
Apple - I can't understand your posts. They're gibberish to me. You might be making some good points but can you please post complete thoughts in complete sentences. thanks in advance.
Apple
· 1 year ago
Another Nortel Watcher Mark Evans promised to add all Nortel loss on bsnl deal, to find all reported loss.. in my estimation Nortel will lose around $500 mill on $500 mill 2004 deal.... simple math shows that the deal should be priced above $1 bill. How much above to get nice profit? Up to you....$1.3 bill? Why Owens signed for $500 mill in 2004? Why he lost so much on the deal? In March 2008 Nortel took 20% extension of that deal... 20% from $500 mill was $100 mill... no bidding required if extension is less than 20% of a previous deal...but somehow NT gets only$40-$60 a line. Erics gets around $100 and Nokia wanted $170 a line and walked away from the deal!
On July 16 BSNL will open and disclose new bidding... Nortel probably will bid too... This time Huawei and ZTE will get their foot in bsnl..Will Nortel get something_anything? Huawei is bigger than Nortel now and ZTE is just behind... In this post Mark Evans wrote http://www.allaboutnortel.com/2007/11/26/bsnl-l...
a GSM/GPRS deal to expand Bharat Sanchar Nigam Ltd.’s wireless network - a project pushed by ex-CEO Bill Owens despite the objections of ex-COO Gary Daichendt, who correctly believed it was an uneconomic proposition. ========== we know that Gary resigned and Owens retired. Will Nortel try to bid fair this time? bsnl estimates that new deals should be around $70 a line so why Nokia estimated $170 to be profitable? Owens taking that deal below costs in 2004 made mess for all vendors. Nokia Siemens CEO Slams 'Silly Pricing' JUNE 04, 2008 LightReading
Tongue.In.Cheek
· 1 year ago
If you're going to attack Bill Owens then do it publically rather than hiding behind anonymous screen names in message boards and blogs. You say that you have spoken directly with Nortel Engineers associated with the BSNL project - so disclose what they had to say and who they are. It is simple to manufacture crazy statements to attack a person, so stand up, be a real man and make formal disclosures of facts, not fiction.
Send a formal document to Nortel. Send a formal document to Bill Owens. File a Class Action Suit. Otherwise this comes across as just more of the same BS smoke and mirrors that is so typical of the "Nortel Must Die" nonsense that exists on many of these forums.
The Psychiatrist
· 1 year ago
This Apple character has been in overdrive on the NT conspiracy theories ever since Mr.Owens was CEO when the company announced the original BSNL contract.
Reflective of his delusional state of mind is the fact that Mr.owens himself was not solely responsible for putting together a deal the size of the one that NT engaged in with BSNL.
Apple
I had recently prescribed you Risperdal to help minimize your antipsychotic tendencies,have you been taking your medication lately?
Apple
· 1 year ago
Mark Evans as You see 3 days ago The Psychiatrist replied to my post So where is my post? It was here as you see. Is my post missing or you deleted it? Are you deleting my posts? and another question about your blog Why did you start approving posts on publicly accessible message board? What criteria you use to do so? If we knew the criteria we would follow the rules in discussing NT stock where the bulls and bears should have equal rights.
Mark Evans
· 1 year ago
Apple,
As I made clear a few weeks ago - http://bit.ly/4wEJZD - I have decided to occasionally wade into the fray to prune comments that I determine to be "objectionable" - and how I define "objectionable" is entirely my discretion given the time and effort I spend writing this blog.
Just to be clear, this isn't a "publicly accessible message board". This is a blog that I write because I enjoy it and hope it makes a positive and constructive contribution to the Nortel, telecom and investment communities. I expect everyone who decides to join in the conversation to be respectful and provide some insight. This is not a free for all bulletin board. If you want that kind of forum, I politely suggest that you go somewhere else.
If I choose to delete or modify comments, that is my decision, although I do not feel it is my position to micro-moderate. While I appreciate your enthusiasm for participating in this blog and hope you continue to do so, I suggest you take my guidance under consideration. If this isn't something you can live with, there are lots of other places to talk about Nortel.
Joe
· 1 year ago
Keep up the good fight Mark. You have a lot of happy/posituve/constructive readers/bloggers!
Mark Evans
· 1 year ago
Thanks - much appreciated.
many
· 1 year ago
I thought Owens was perfect for the job. After all he was a submariner.
puddintane
· 1 year ago
In what cheek is that tongue right now?
I'm sorry but Bill Owens also doesn't need someone anoymously, blindly defending his honor here, either.
"Owens is not your typical Nortel CEO. He is not Canadian. He is not a technology or telecom industry veteran. He is not a longtime executive or even a management turnaround specialist. And although he may be unfalteringly honest and forthright, he comes off as more than a little bland, with the cautious, methodical speaking style of a politician--almost a drone. What's worse, in the eyes of many outsiders, his performance in the past nine months has left something to be desired"
BTW Frank Carlucci IV (his son) was a mucky muck at Avaya, Lucent and Extreme.
Observer
· 1 year ago
Is Nortel still paying Owens a severance ? --
UPDATE 1-Huawei narrows list of mobile unit bidders-sources
Mid-size company AEA Investors -- best known for the whopping profit it made in selling the U.S. personal products company Burt's Bees last year, also made it onto the list for the second round of bidding. Its bid is being led by managing director Bill Owens, the former CEO of telecommunications equipment maker Nortel Networks Corp (NT.TO: Quote, Profile, Research) (NT.N: Quote, Profile, Research), sources said.
The presence of New York-based AEA in an auction with buyout giants is attributed to the expertise and experience of Owens, who is based in Hong Kong. Owens was not immediately availble to comment on Thursday.
MILITARY MEN
Prior to joining AEA in April 2006, he was chief executive officer and vice chairman of Nortel. Owens was previously the CEO of Teledesic LLC and vice chairman of high-tech company Science Applications International Corporation (SAIC).
In addition to his background in the telecommunications business, Owens has another trait he shares with Huawei's founder: A military past.
Prior to joining SAIC, Owens was U.S. vice chairman of the Joint Chiefs of Staff, the country's second-ranking military officer. He also served as commander of the U.S. Sixth Fleet in 1990 and 1991 during Operation Desert Storm in Iraq.
Why did you filter the post I put up on Owens and Huawei ?
Apple
· 1 year ago
Don't worry, Observer It's only one of many blogs... and it shows That this blog is going down to the drain right with NT stock and Nortel's advertisements on this blog... There are other publications and if Mark wants to publish for public he should think before being pushed by crooked Nortel's supporters into such situation that he lets the Psychiatrist attack me here but doesn't keep my reply... They put words into my mouth, example that I have friends in Nortel, or know Nortel's engineers, or have inside info... How pathetic and low it is? This is a blog about publicly traded company. I think I have rights to post my critics about NT stock on publicly accessible boards to warn my extended family about the stock, to share my views with friends... What's wrong if I feel that NT is a good stock to short? Maybe Mark Evans can answer that one? I dare Mark Evans or anyone, to show my post on a public message board that was wrong or misleading about NT /or AAPL/ in last 5 years! NT is 70 cents now and AAPL is $360 for your information /pre split/ Nortel's misfortunes can be blamed on Nortel! It's time to admit that! Maybe Criminal trials will show something we don't know? RCMP charged ex_Nortel's managers with criminal acts. Maybe SEC vs ex-Nortel's managers will expose how Nortel was doing business_accounting? I hope so... I have been waiting for both trials for a long time... It so easy to search and find my post here or anywhere, and it is easy to find posts bashing me... who was right about NT stock in last 5 years and who was bashing critics? I stand behind every word I've posted! Some posters think it's OK to fool investors. It's the game! Right?
Mark Evans
· 1 year ago
It got caught by Disqus, and I wasn't able to approve it until tonight.
Mid-size company AEA Investors -- best known for the whopping profit it made in selling the U.S. personal products company Burt's Bees last year, also made it onto the list for the second round of bidding. Its bid is being led by managing director Bill Owens, the former CEO of telecommunications equipment maker Nortel Networks Corp (NT.TO: Quote, Profile, Research) (NT.N: Quote, Profile, Research), sources said.
observer
· 1 year ago
By the way, if Owens is still getting paid lifetime pension and/or salary by NT, as a shareholder you have to ask why ? Doesn't he have a non-compete agreement in place ? How come no one in Canada is smart enough to bring this up in the media ? Why do you protect Nortel or anyone else ? What is it that you are afraid of ? Unless the media begins exposing the scam of corporatism, the rest of the world will never follow. That goes for China, India and everyone else.
puddintane
· 1 year ago
observer, you know what I "observed", firsthand, as a fellow prole amongst the lowly masses, during Nortel's heyday? They got pretty busy scamming Nortel, too. Got greedy, sloppy and lazy. Defending this as the lesser of two evils by lamenting "Well, the brass started it" is bogus. Today, more than a few the remaining are demoralized to the point where they've again become - what else - greedy, sloppy, and lazy, merely sitting waiting for their severance package. Readily earned, of course.
ex-nortel^2
· 1 year ago
"... amongst the lowly masses, during Nortel's heyday? ... greedy, sloppy and lazy. "
You nailed it.
ex-nortel^2
· 1 year ago
"It's not practical." "It's too much work."
And the best one, "It's not my strength."
observer
· 1 year ago
observer, you know what I "observed", firsthand, as a fellow prole amongst the lowly masses, during Nortel's heyday? They got pretty busy scamming Nortel, too. Got greedy, sloppy and lazy. Defending this as the lesser of two evils by lamenting "Well, the brass started it" is bogus.Today, more than a few the remaining are demoralized to the point where they've again become - what else - greedy, sloppy, and lazy, merely sitting waiting for their severance package. Readily earned, of course.
The heydey ? That was 8-9 years ago. How long are you going to look at the largest equity bubble in history and judge Nortel (or anyone else). Come into 2008. Employees come and go. Get use to it. We live in the age of globalization. The age of entitlement is over. This is a good thing.
puddintane
· 1 year ago
.Come into 2008. Employees come and go. Get use to it. We live in the age of globalization. The age of entitlement is over. This is a good thing.,
"Eve of Destruction" was written in 1963. Woodstock was the best generation ever. I was in 3rd grade during the US' first energy crisis - "the worst ever. Nixon was worse than Hitler. The Thinkers at the recent G8 summit dressed in clown makeup, wiggled their asses and tongues at cops and waved posters with a lovingly placed swastika on Angela Merkel's forehead. I''ve heard your Truths uttered time and again since I started working full-time in Europe, from 1981 to 1992, then here in the US since, but so far nothing has changed anywhere. which is why I remain wholly unimpressed by the promise of yet another New World Order,
Again: I was an ordinary Joe at Nortel and eventually got canned. Big deal. I didn''t roll my Balanced Retirement Plan into Nortel's Stock Purchase Plan. Nobody was forced or deviously lured into doing so, as you put it. The "Dilbert" comic book "Build A Better Life By Stealing Office Supplies" was published in 1997. The proletariat everywhere still does it and will continue to do so no matter what.
Observer
· 1 year ago
I''ve heard your Truths uttered time and again since I started working full-time in Europe, from 1981 to 1992, then here in the US since, but so far nothing has changed anywhere.
It has to crash before things will change. Check out the stock markets today. Government sponsored entities Fannie Mae and Freddie Mac are down over 40% each. Like everything else systems undergo birth, death and rebirth. It is the cycle as old as the solar system.
puddintane
· 1 year ago
Mark Owens created this blog to (ostensibly) discuss Nortel, and Nortel only. The masses promptly arrived and now talk Nortel - while adhering to his rules, overall. (That makes him a corporate shill, eh, monitoring our IPs, and stuff...)
You essentially come in off the street, ignore the decorum, grab the mic and tell the masses you are a spokesman for the entire world, know the true path to enlightenment, that we need to think "globally" by simply believing everything you say and following suit - lest we expose ourselves as mindless corporate drones. You did all the critical thinking for us so we don't have to.
The masses have chosen to talk about Nortel at "All About Nortel".
Observer
· 1 year ago
Once you start a discussion about stock price of Nortel you open the discussion up to how and why equities like Nortel get manipulated. Equities move up and down based on macro as well as microeconomic forces. Nortel is no different. The masses can talk about Nortel until they are blue in the face but there are larger forces influencing both Nortel, the industry and the overall global economy.
puddintane
· 1 year ago
Dude, what you're saying is that we're asleep at the wheel here; that the outside world is infinitely more complicated than we appear, or care, to comprehend. Yet your solution to it all is one-dimensional: We must awake and follow the lead - of an anonymous "observer". Complicate things that are simple and simplify complex issues. "All about Nortel" means just that to the masses here. And the majority rules. You say so yourself.
observer
· 1 year ago
What I'm saying it doesn't matter at times who is at wheel. Macroeconmic forces sometimes overwhelm the entire situation of all companies - even the good ones. We are in one of those time periods now. Equities are toast.
All Comments
A little sarcasm on a Friday can be fun ;-)
But pretty much any excuse to drink beer will do.
Whats really important in August is that you minimize your own impact upon Mother Nature by recycling them beer cans. The stock market will respond accordingly, positively.
- will beat expectations for revenue
- cash flow will be poor
- the results will be hard to decipher - where did the revenue come from?
- Mike Z will claim fantastic progress
- this will be caused by deferred revenue from long-ago sales
Mark Evans promised to add all Nortel loss on bsnl deal, to find all reported loss..
in my estimation Nortel will lose around $500 mill on $500 mill 2004 deal....
simple math shows that the deal should be priced above $1 bill. How much above to get nice profit? Up to you....$1.3 bill?
Why Owens signed for $500 mill in 2004?
Why he lost so much on the deal?
In March 2008 Nortel took 20% extension of that deal... 20% from $500 mill was $100 mill... no bidding required if extension is less than 20% of a previous deal...but somehow NT gets only$40-$60 a line. Erics gets around $100 and Nokia wanted $170 a line and walked away from the deal!
On July 16 BSNL will open and disclose new bidding... Nortel probably will bid too... This time Huawei and ZTE will get their foot in bsnl..Will Nortel get something_anything?
Huawei is bigger than Nortel now and ZTE is just behind...
In this post Mark Evans wrote
http://www.allaboutnortel.com/2007/11/26/bsnl-l...
a GSM/GPRS deal to expand Bharat Sanchar Nigam Ltd.’s wireless network - a project pushed by ex-CEO Bill Owens despite the objections of ex-COO Gary Daichendt, who correctly believed it was an uneconomic proposition.
==========
we know that Gary resigned and Owens retired.
Will Nortel try to bid fair this time?
bsnl estimates that new deals should be around $70 a line
so why Nokia estimated $170 to be profitable?
Owens taking that deal below costs in 2004 made mess for all vendors.
Nokia Siemens CEO Slams 'Silly Pricing'
JUNE 04, 2008 LightReading
Send a formal document to Nortel. Send a formal document to Bill Owens. File a Class Action Suit. Otherwise this comes across as just more of the same BS smoke and mirrors that is so typical of the "Nortel Must Die" nonsense that exists on many of these forums.
Reflective of his delusional state of mind is the fact that Mr.owens himself was not solely responsible for putting together a deal the size of the one that NT engaged in with BSNL.
Apple
I had recently prescribed you Risperdal to help minimize your antipsychotic tendencies,have you been taking your medication lately?
as You see 3 days ago The Psychiatrist replied to my post
So where is my post?
It was here as you see.
Is my post missing or you deleted it?
Are you deleting my posts? and another question about your blog
Why did you start approving posts on publicly accessible message board?
What criteria you use to do so?
If we knew the criteria we would follow the rules in discussing NT stock where the bulls and bears should have equal rights.
As I made clear a few weeks ago - http://bit.ly/4wEJZD - I have decided to occasionally wade into the fray to prune comments that I determine to be "objectionable" - and how I define "objectionable" is entirely my discretion given the time and effort I spend writing this blog.
Just to be clear, this isn't a "publicly accessible message board". This is a blog that I write because I enjoy it and hope it makes a positive and constructive contribution to the Nortel, telecom and investment communities. I expect everyone who decides to join in the conversation to be respectful and provide some insight. This is not a free for all bulletin board. If you want that kind of forum, I politely suggest that you go somewhere else.
If I choose to delete or modify comments, that is my decision, although I do not feel it is my position to micro-moderate. While I appreciate your enthusiasm for participating in this blog and hope you continue to do so, I suggest you take my guidance under consideration. If this isn't something you can live with, there are lots of other places to talk about Nortel.
I'm sorry but Bill Owens also doesn't need someone anoymously, blindly defending his honor here, either.
http://www.canadianbusiness.com/companies/artic...
"Owens is not your typical Nortel CEO. He is not Canadian. He is not a technology or telecom industry veteran. He is not a longtime executive or even a management turnaround specialist. And although he may be unfalteringly honest and forthright, he comes off as more than a little bland, with the cautious, methodical speaking style of a politician--almost a drone. What's worse, in the eyes of many outsiders, his performance in the past nine months has left something to be desired"
Look at the John Roth-Red Wilson-Carlucci connection
http://www.nortel.com/corporate/news/newsreleas.... Carlucci was also Ronald Reguns defence secretary and charman of the Carlile group.
BTW Frank Carlucci IV (his son) was a mucky muck at Avaya, Lucent and Extreme.
--
UPDATE 1-Huawei narrows list of mobile unit bidders-sources
Mid-size company AEA Investors -- best known for the whopping profit it made in selling the U.S. personal products company Burt's Bees last year, also made it onto the list for the second round of bidding. Its bid is being led by managing director Bill Owens, the former CEO of telecommunications equipment maker Nortel Networks Corp (NT.TO: Quote, Profile, Research) (NT.N: Quote, Profile, Research), sources said.
The presence of New York-based AEA in an auction with buyout giants is attributed to the expertise and experience of Owens, who is based in Hong Kong. Owens was not immediately availble to comment on Thursday.
MILITARY MEN
Prior to joining AEA in April 2006, he was chief executive officer and vice chairman of Nortel. Owens was previously the CEO of Teledesic LLC and vice chairman of high-tech company Science Applications International Corporation (SAIC).
In addition to his background in the telecommunications business, Owens has another trait he shares with Huawei's founder: A military past.
Prior to joining SAIC, Owens was U.S. vice chairman of the Joint Chiefs of Staff, the country's second-ranking military officer. He also served as commander of the U.S. Sixth Fleet in 1990 and 1991 during Operation Desert Storm in Iraq.
http://uk.reuters.com/article/fundsNews2/idUKHK...
It's only one of many blogs... and it shows That this blog is going down to the drain right with NT stock and Nortel's advertisements on this blog...
There are other publications and if Mark wants to publish for public he should think before being pushed by crooked Nortel's supporters into such situation that he lets the Psychiatrist attack me here but doesn't keep my reply...
They put words into my mouth, example that I have friends in Nortel, or know Nortel's engineers, or have inside info...
How pathetic and low it is?
This is a blog about publicly traded company.
I think I have rights to post my critics about NT stock on publicly accessible boards to warn my extended family about the stock, to share my views with friends...
What's wrong if I feel that NT is a good stock to short?
Maybe Mark Evans can answer that one?
I dare Mark Evans or anyone, to show my post on a public message board that was wrong or misleading about NT /or AAPL/ in last 5 years!
NT is 70 cents now and AAPL is $360 for your information /pre split/
Nortel's misfortunes can be blamed on Nortel!
It's time to admit that!
Maybe Criminal trials will show something we don't know? RCMP charged ex_Nortel's managers with criminal acts.
Maybe SEC vs ex-Nortel's managers will expose how Nortel was doing business_accounting?
I hope so...
I have been waiting for both trials for a long time...
It so easy to search and find my post here or anywhere, and it is easy to find posts bashing me... who was right about NT stock in last 5 years and who was bashing critics?
I stand behind every word I've posted!
Some posters think it's OK to fool investors.
It's the game! Right?
Mark
Mid-size company AEA Investors -- best known for the whopping profit it made in selling the U.S. personal products company Burt's Bees last year, also made it onto the list for the second round of bidding. Its bid is being led by managing director Bill Owens, the former CEO of telecommunications equipment maker Nortel Networks Corp (NT.TO: Quote, Profile, Research) (NT.N: Quote, Profile, Research), sources said.
Today, more than a few the remaining are demoralized to the point where they've again become - what else - greedy, sloppy, and lazy, merely sitting waiting for their severance package. Readily earned, of course.
You nailed it.
"It's too much work."
And the best one, "It's not my strength."
The heydey ? That was 8-9 years ago. How long are you going to look at the largest equity bubble in history and judge Nortel (or anyone else). Come into 2008. Employees come and go. Get use to it. We live in the age of globalization. The age of entitlement is over. This is a good thing.
"Eve of Destruction" was written in 1963. Woodstock was the best generation ever. I was in 3rd grade during the US' first energy crisis - "the worst ever. Nixon was worse than Hitler. The Thinkers at the recent G8 summit dressed in clown makeup, wiggled their asses and tongues at cops and waved posters with a lovingly placed swastika on Angela Merkel's forehead.
I''ve heard your Truths uttered time and again since I started working full-time in Europe, from 1981 to 1992, then here in the US since, but so far nothing has changed anywhere. which is why I remain wholly unimpressed by the promise of yet another New World Order,
Again: I was an ordinary Joe at Nortel and eventually got canned. Big deal. I didn''t roll my Balanced Retirement Plan into Nortel's Stock Purchase Plan. Nobody was forced or deviously lured into doing so, as you put it.
The "Dilbert" comic book "Build A Better Life By Stealing Office Supplies" was published in 1997. The proletariat everywhere still does it and will continue to do so no matter what.
It has to crash before things will change. Check out the stock markets today. Government sponsored entities Fannie Mae and Freddie Mac are down over 40% each. Like everything else systems undergo birth, death and rebirth. It is the cycle as old as the solar system.
You essentially come in off the street, ignore the decorum, grab the mic and tell the masses you are a spokesman for the entire world, know the true path to enlightenment, that we need to think "globally" by simply believing everything you say and following suit - lest we expose ourselves as mindless corporate drones. You did all the critical thinking for us so we don't have to.
The masses have chosen to talk about Nortel at "All About Nortel".
"All about Nortel" means just that to the masses here. And the majority rules. You say so yourself.