G10BE

Nortel: Would a Breakup Unlock Value?

I am extremely disappointed with Mike Z's performance. I expected alot more from him. When you have billions in sales, it doesn't take much to show some profit each quarter. A corner shop operator could teach him some basic lessons. There is no excuse whatsoever to show a quarterly losses. Nortel must work from a profit number and up. Make the cuts that are necessary to generate the profit and keep building.