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Technology Stocks : Nortel Networks (NT)

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To: Mark O. Halverson who wrote (14437)6/10/2005 11:45:48 AM
From: Kevin Rose  Read Replies (1) of 14638
 
Looks like the executives are up for big bonuses from that 'Limited Success Incentive Plan'. Right when they caught up on their financials, and started to turn a corner, boom! Nipped that success right in the bud. Limited Success again!

Well, guess they just pull the bodies from this train wreck and start again. I guess one positive is that it shows who is really in charge, and that they can at least make decisions. And, like the story said, better to do it now than to fight for a year and go nowhere.

Owens strategy seems to be to get Nortel into the security market, or at least tilt the company that way. There, his DOD experience helps, at least on the surface. Don't know what the Cisco guy would have done differently; maybe that will come out later.
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