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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: telecomguy who wrote (6399)	8/2/2000 8:50:34 PM
From: RetiredNow	Read Replies (3) \| Respond to of 14638

Well, I would beg to differ. The IT department of a company like Cisco is used as a strategic weapon, meaning that business side internal productivity is driven by web projects. So typical internal business processes are automated using the web. There are many articles out there that describes how Cisco does this to save money and scale their business. Most of IT development nowadays is web stuff anyway, whether it's internal productivity or linking up the supply chain. But what makes it strategic is that the business side of the house and IT have to be very in sync and IT has to be treated as a profit center rather than as a cost center. Nortel seems to be treating IT as a cost center than needs to be constrained, rather than as a way to leverage their business practices. This is old world thinking. Nortel needs to learn how to walk the walk rather than just talk the talk. Cisco truly eats its own dogfood. Platitudes I know, but they are very appropriate to this conversation. Anyway, I like Nortel as much as the next guy, but this move is disappointing to me. It tells me that they aren't really in the spirit of the game and that could cost them down the line.