Red Green

Has Nortel Become a Takeover Target?

Serraphin is right. Something needs to be done at Nortel and immediately. Mr. Z is obviously not the right guy for the job. Coming from Motorola was probably not smart--their culture is totally different from Nortel's needs. The board of directors has failed miserably in doing their job and should be replaced. Probably their major decision each meeting is where to eat lunch. Do these people realize that they are supposed to be working for the stockholders and protecting their interests? I realize it is not politically correct in some circles to say that but protecting the whales and rain forests has little to do with economic progress and technological advancement. Bring back some of the old hands and throw out the B-school wonders and leeches and save a once great company. Time is running out.