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Technology Stocks : Nortel Networks (NT)
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To: The Ox who wrote (14235)11/11/2004 1:09:52 PM
From: tom pope  Read Replies (3) of 14638
 
No question that the re-examination of the books is a monumental job, and that they must get it right. What's disappointing is that they were never able to calculate accurately how long the project might take. After the third iteration it begins to sound like they have no idea what they're doing.

This doesn't mean that I think there's another shoe to drop, at least I hope not. But it is beginning to sound like a comedy of errors and doesn't enhance NT's reputation for competence.
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