Is there a conspiracy out there amongst analysts covering Nortel. Just as they get some momentum, with lots of News Releases about deals and CTIA these analysts (probably getting kick-backs from Cisco) have to ruin the party. It happens everytime there is some positive momentum in Nortel.
moosebump
· 1 year ago
Yet another analyst with the same advice. Despite being the consensus opinion of analysts (and bloggers!), the advised strategy is probably no better than the course Mike Z is taking. The idea that Nortel is spread too thin, not focused enough, trying to be all things to all people, too small in wireless, etc etc has become the popular refrain for analysts who see the stock price going down and want short term action to turn it around. Analysts read each others reports and jump on the same bandwagon. Its an easy theme to grab onto when the stock is falling... "Mike Z must be doing something wrong! I don't have a clue what the problem is so I'll just jump on the same train as everyone else!"
What would these people do if they were really running the company? There is a saying about teachers... "those who can - do, those who can't - teach." We need a version of this saying for analysts!
Personally I like to see management ignoring these guys. If management listened to all this noise and felt compelled to go out and buy something, sell something or merged with someone, I would suspect they were doing it under duress. As long as they appear to be focused on their long term goals the stock price will take care of itself.
The Psychiatrist
· 1 year ago
If I were Mike Z and out of the multiple choice you have listed- focusing on cutting costs makes the most sense,because it's the one choice where they have the most control over.
Trying to grow Nortel's revenue by way of an acquisition is one thing,but if there are currently no potential aquisitions that make sense either financially or strategically,then at least Mike Z can continue to improve on Nortel's Business Transformation Plan,and by doing this will enable him and his team to further identify remaining areas that need either more focus or a change in strategy as the fine tooth comb makes its way throughout the entire organization.
All this while continuing to scout for potential aquisitions that wouild make sense for Nortel's longterm stability clearly is the best strategy as Nortel continues on through completing their BTP.
Name Good Corporate Citizen
· 1 year ago
Yeah, the conspiracy is within the company, where you have first line managers not being held accountable for their actions. Nortel needs to clean house and get rid of those old farts who are running their support folks into the ground. The good old boy network is alive and well in Nortel, because managers will not get rid of their useless employees that aren't team players because they are arrogant egomaniacs. I've seen several smart, passionate individuals, that loved to provide the best customer support to Nortel's customers just up and quit, because they just could not stand the insane and incompetent way Nortel was managing their resources and implementing their solutions.
ex-nortel^2
· 1 year ago
[...]The good old boy network is alive and well in Nortel, [...] useless employees that aren't team players [...]arrogant egomaniacs. [...]
Boy, do those words ring true in my memories.
NoTellNetworks
· 1 year ago
bang on. new hires are being laid off. good designers are laid off. managers are demoted to do design. uselss senior people who do nothing but are kept around. so called team leaders who just sit around. managers who fake what is happening to show they are extremely busy which goes up the chain by the way.
when the cuts take place management myseriously moves days before or by some miracle are able to move with the directors in a few days. its is a revolving door policy that reads Out to leave and (Shit) In to enter within minutes. the good ones kept out permanently.
plastered
· 1 year ago
What are the packages like now at nortel?
ex-nt
· 1 year ago
very crappy
plastered
· 1 year ago
ex-nt. Your answer is "very crappy". I want specifics. What does the terminated employee get these days? Vacation pay..how much for every year served, what else besides that? Give me specifics or don't comment.
plastered
· 1 year ago
Just what I thought..no comment for a nobody. Impostors and or individuals who don't have facts can go flip themselves rather than post here.
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All Comments
What would these people do if they were really running the company? There is a saying about teachers... "those who can - do, those who can't - teach." We need a version of this saying for analysts!
Personally I like to see management ignoring these guys. If management listened to all this noise and felt compelled to go out and buy something, sell something or merged with someone, I would suspect they were doing it under duress. As long as they appear to be focused on their long term goals the stock price will take care of itself.
Trying to grow Nortel's revenue by way of an acquisition is one thing,but if there are currently no potential aquisitions that make sense either financially or strategically,then at least Mike Z can continue to improve on Nortel's Business Transformation Plan,and by doing this will enable him and his team to further identify remaining areas that need either more focus or a change in strategy as the fine tooth comb makes its way throughout the entire organization.
All this while continuing to scout for potential aquisitions that wouild make sense for Nortel's longterm stability clearly is the best strategy as Nortel continues on through completing their BTP.
Boy, do those words ring true in my memories.
when the cuts take place management myseriously moves days before or by some miracle are able to move with the directors in a few days. its is a revolving door policy that reads Out to leave and (Shit) In to enter within minutes. the good ones kept out permanently.
Your answer is "very crappy".
I want specifics.
What does the terminated employee get these days?
Vacation pay..how much for every year served, what else besides that?
Give me specifics or don't comment.
Impostors and or individuals who don't have facts can go flip themselves rather
than post here.
You look great now...I also thought about posting a shot of myself...but will wait, because now I
realize that my weight and stress of it has caused a medical condition I have to take care
of...you have been inspiring to me with the post and all!
small business web design
You look great now...
I also thought about posting a shot of myself...but will wait, because now I realize that my weight
and stress of it has caused a medical condition I have to take care of...you have been inspiring to
me with the post and all!
Colon Cleanse atleast once
Baby gift baskets