There's an expectation built into Nortel's valuation for the company to outperform relative to expectation and with all of the indications prior to the call that the demand for optical remained quite strong, especially with service providers.
Quotes about nortels (16 Quotes)
The sentiment was to close out positions before Nortel's release. If you've got a bellwether tech like Nortel announcing, you don't want to be caught on the wrong side of that.
We believe the termination of talks with Corning does not take away from the earnings power or valuation potential of Nortel's optical or overall business.
Nortel had misrepresented results over several years, possibly in an effort to trigger bonus payments, sparking regulatory and criminal investigations in the U.S. and Canada. The company was forced to restate a half-decade's results, diverting management's resources and spooking some customers (see BW Online, 032205, More of Nortel's Slip Is Showing ... absolute crisis.
On a very, very short-term basis, Nortel's stock was exceptionally oversold. Plus there was an article in Barron's that called for tech bounces and talked of a number of stocks that were good value. Nortel was in that handful,
Our clients were quite impressed with the vision of Nortel's new management and the plans for the future.
The idea of going head-to-head in the data space outside Nortel's existing client base is something that's not all that attractive to us.
I am pleased that my full focus can now be applied to accelerating Nortel's business momentum.
It's a good day for the market led by Northern Telecom, ... It's a carry-through from Nortel's supposedly good numbers last night.
Nortel's warning is bad news for the (telecom) hardware sector and will hurt the likes of Ericsson and Nokia, ... valuations are close to the bottom for this year.
The settlement is a result of our careful and in-depth scrutiny of Nortel's proprietary financial information, which was analyzed by our investment banking team.
As we head into a new chapter in Nortel's history, our global headquarters will reflect both the proud heritage of Nortel and the exciting journey that lies ahead. As well as being home to many of Nortel's corporate functions, The West Mall site will utilize Nortel's sophisticated solutions to showcase how we deliver innovative communications capabilities.
Today, people expect wireless services to be as fast, reliable and secure as their wireline connections. Nortel's DO Rev. A and IMSMMD solutions will help make tomorrow's service aware networks more intelligent, and assist CDMA operators in increasing profit potential by creating new business models and service bundling opportunities to enhance the subscriber experience.
This appointment marks my commitment to maintaining Nortel's technology and innovation leadership. George's extensive knowledge of telecom and technology combined with his business acumen, strategic orientation and MA experience will complement our strong leadership team and position the company for a successful future as we simplify our business, develop next-generation products and solutions, and focus on long-term, profitable growth.
Now we are ready for the next phase. We have our sights squarely focused on restoring Nortel's credibility, executing a winning plan for profitable growth and recapturing Nortel's position as a great company.
Combining the capabilities of Microsoft's Live Communications Server and Microsoft Office Communicator's capabilities with Nortel's IP Telephony represents a win-win scenario for end-users, ... We are pleased to be working with Microsoft to integrate our open, SIP applications, which are designed to enable customers to drive increased productivity through enhanced access to a multitude of applications and simplified communications. Designed to ignite global commerce, we expect this new solution to open up a world of new opportunities for businesses by providing users with the convenience and flexibility to collaborate through the most effective means available.