Nortel Networks (NT) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nortel Networks (NT)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: hari t who started this subject	1/1/2004 9:45:41 PM
From: hdl	of 14638

Here's another company that many folks thought would soon be shopping for tombstones. In 2003, “stabilization” was the buzzword for Nortel. So, it hasn't exactly come back with flying colors, and much of the energy from the late '90s Nortel is gone. But so far, the restructuring plan has worked out well. After closing three profitable quarters in the beginning of the year, Nortel executives said following Q3 that they expect the company to close 2003 with the first full-year profit in six years. That’s the end of one long Canadian winter. Now that it’s streamlined, Nortel looks to be positioned nicely in markets for multiservice Sonet, wireless equipment, and VOIP gear. Granted, the routing story is as weak as ever, and it’s not much fun playing No. 2 to Cisco in the enterprise networking market. But the important thing is that it’s no longer bleeding buckets of cash. The Money's on MSPPs Incumbents Grab RPR Mantle Nortel Takes Its Own VPN Route Nortel Keeps to Profit Path Nortel's Summer Abroad

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next