Deconstructing Nortel, a former icon

I don’t mind kicking a company that is ignoring its shareholders, but Nortel has had its share of trouble and when you think about all of the trouble its had; you got to give the company a break some time.

Nortel's  situation is not easy. Actually, it is not easy since the bubble exploded in late 2000. The decision to sell the Metro business will shave more revenue growth generators and it must fulfill the gap with fresh products. The share decline is not just due to performance and market mood- it's more like a punishment and a big question mark- Are you still in the game?

1.      A very long time ago, Nortel was considered one of the premier corporations in the world. 2.      The company was able to coast along just on its reputation and presence despite a record of limited innovation. 3.      The notion that it is now heeding the advice of analysts that participating in multiple areas has been...

Nortel at its height commanded market valuation of US $398 billion in September 2000. This September the figure plummeted to menacingly low US $ 2.76 billion. The company is on the brink of failure due to unclear path on product portfolio & mergers to attain mega vendor status in past and now, accounting fiasco, strong competition and the present global economic downturn. Mr. Zafirovski and team...