Red Green

Nortel News: Rethinking Bay Networks Acquisition, Delisting Threat

John Roth, in hindsight, was a disaster for Nortel. He began to think that Nortel's good times and initial success in fiber optics was due to his brilliance and he went on a buying spree. Don't forget that Frank Dunn was his hand-picked finance guy (with a reputation for arrogance and no people skills). I was with Nortel at the time and even I saw the coming problem with fiber overcapacity and what it could do to the company if not handled right. Nortel does have some very good people and technology. I hope it can survive and come back. If so, Roth and Dunn should be case studies of what not to do.