Silicon Investor (SI) -- The First Internet Community

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) -- Ignore unavailable to you. Want to Upgrade?

To: tom pope who wrote (14519)	6/13/2006 4:29:54 PM
From: Daniel Simon	Read Replies (1) \| Respond to of 14638

NT looks like a serious value looking out a couple years. The telecom equipment market has bottomed out and is poised for several years of growth. NT has clearly been under a financial cloud due to restatements and re-restatements for a couple years now. It is difficult (if not impossible) therefore to put hard numbers on what the financials will look like in 12-24 months. Nevertheless NTs Market cap is only $9B, less than 1 times sales, and eventually this restatement business will end. Once NT has put restatements behind and telecom investment dollars begin to grow, the company should benefit. I'm reminded of K-mart, I bet NT's real estate assets is getting to be worth more than the firm. Can anyone tell me what that 40% jump in accounts payable is due to?

To: tom pope who wrote (14519)	7/18/2006 1:29:04 PM
From: elmatador	Read Replies (1) \| Respond to of 14638

MSFT NT pact as part of a push to run traditional business telephone systems on PC software Microsoft, Nortel in business communications pact Tue Jul 18, 2006 12:31pm ET Email This Article \| Print This Article \| Reprints [-] Text [+] (Changes dateline from NEW YORK, adds details) SEATTLE, July 18 (Reuters) - Microsoft Corp. (MSFT.O: Quote, Profile, Research) said on Tuesday it was in an alliance with Canada's Nortel Networks Corp.(NT.TO: Quote, Profile, Research) (NT.N: Quote, Profile, Research) as part of a push to run traditional business telephone systems on PC software. Telecom equipment supplier Nortel said it expects to reap more than $1 billion in new revenue over the life of the four-year pact, under which the companies will work together on research and development and partner on sales and marketing. "This is a gutsy play for Nortel - accelerating the move of our voice technology into software ... as part of our broader business strategy to transform the company into a software and services leader," Nortel chief executive Mike Zafirovski said in a statement. Microsoft aims to simplify the way workers communicate with one another by using software to link the new phones to computers so that they can handle voice functions, such as making a phone call or receiving voice mail, and work easily with instant messaging, e-mail and video conferencing. Microsoft's push into business telephone market pits the company against Cisco Systems Inc. (CSCO.O: Quote, Profile, Research) and other competitors seeking to capitalize on a shift by large companies to cheaper Internet-based telecommunications. Microsoft and Nortel said that under the deal, which can be extended, they will license some of each other's intellectual property and deploy the other's technologies in their corporate networks. They will jointly sell the services once they are developed, as well as invest in marketing and delivery. Shares of Nortel on the New York Stock Exchange were up 9 cents, or 4.6 percent, to $2.05 in early afternoon trade, while Microsoft shares rose 24 cents, or 1.1 percent to $22.72 on Nasdaq. © Reuters 2006. All Rights Reserved.