Dan Leonida

More Nortel Balance Sheet Shenanigans

You tell a court $149 mln. and the judge has no choice but to believe you unless he/she has a good reason not to, or somebody contradicts you. The past creative accounting that NT is known for, did not unfold in BK court and, therefore, the judge is not allowed to take it into consideration. IMHO, anyways! If anyone knows better, please contribute!

danleonida


On Aug 21 11:11 AM User 474802 wrote:

> I feel that what you are saying does not make sense. The courts have
> been involved in both the United States and Canada. Some how it doesn't
> make sense that people are putting the blame on Nortel. What do the
> courts say the value is? Is there access to what they are saying?
> I have not heard anyone mention that .
> Linda
> Wife of a Nortel Employee for 35 yrs.

Nortel: Canadian Government Won't Block CDMA Sale

The link in the above post does not work. I'll try it again...
ca.geocities.com/[e-mail]/aflowerfor...

It shoud read "...com/tomcat7@rogers... Just in case the link gets truncated again.

D. Leonida

On Aug 15 03:26 PM Dan Leonida wrote:

> James,
>
> I could not agree with you more. What you just said is absolutely
> and totally true everywhere in Canada at any time and on any day!
>
>
> ...except it does not apply to the ol' NT! Many, many times, NT had
> to go abroad to find competent engineers to hire. It was particularly
> true during the rise of Mitel in the 80s. They would take adds in
> papers anywhere in the world where they spoke English and had good
> schools. ca.geocities.com/[e-mail]/aflowerfor...
> He used to work in the same building as I did on the main Ottawa
> campus, although I never met him. He's an inventor too only, very
> sadly indeed, his patent was issued posthumously!
>
> One could say that my discontent with BNR/NT management started with
> Nick's gunning down!
>
> D. Leonida

Nortel: Canadian Government Won't Block CDMA Sale

James,

I could not agree with you more. What you just said is absolutely and totally true everywhere in Canada at any time and on any day!

...except it does not apply to the ol' NT! Many, many times, NT had to go abroad to find competent engineers to hire. It was particularly true during the rise of Mitel in the 80s. They would take adds in papers anywhere in the world where they spoke English and had good schools. ca.geocities.com/[e-mail]/aflowerfor... He used to work in the same building as I did on the main Ottawa campus, although I never met him. He's an inventor too only, very sadly indeed, his patent was issued posthumously!

One could say that my discontent with BNR/NT management started with Nick's gunning down!

D. Leonida


On Aug 14 03:54 PM JamesApple wrote:

> One only needs to look at Canada's share of brain power (America's
> also) in today's world. It is really minimal.
>
> Canada does not encourage education nearly as much as other nations.
> Our graduates year after year fail to compete in knowledge as well
> as experience. Any top talent wouldn't hesitate to leave Canada in
> a whim. The work environments in Canada are well known to discourage
> and suppress achievement for the sake of maintaining status quo overladen
> with deadwood. With the Canadian population aging rapidly there are
> little doubts Canada would recess into a rural serfdom exporting
> natural resources and agricultural products.

Nortel: Canadian Government Won't Block CDMA Sale

Without Nortel, Canada's economy is entirely 19th century, if not pre industrial revolution! It is something that, maybe, the immigration minister should think about! The "proximity advantage" [proximity to the US of A, that is] will only go so far in sustaining Canada's position in the G8 crowd, IMHO! Nortel was, by far, the only Canadian company capable of "brain drain" into [as opposed to away from] Canada.

D. Leonida

Nortel: The End Is Not Necessarily Near

Correction: Post above should read CPP [Canada Pension Plan] in second last line and not "PPS"! My apologies to all!

Dan Leonida

Nortel: The End Is Not Necessarily Near

Mark,

Nortel emerging as a "licensee of patents" is more laughs then a barrel of mounties! They only started complying with The United Nations INTERNATIONAL COVENANT ON ECONOMIC, SOCIAL AND CULTURAL RIGHTS - Art.15.1.3 - at the start of January 1996 when Jean C. Monty passed Nortel Corp. Policy 400.05 [copies available on request] while still Nortel CEO. The policy was NOT made retroactive to the date when Canada signed and ratified the UN document, but it WAS kept active during the BK proceedings:

Nortel asks court to keep morale-boosting program

"It also provides financial awards to inventive employees who develop technology that is patented. Payments under that program can be as high as $13,500. Nortel also offers discretionary financial awards to employees who make "meritorious contributions" toward inventions, patents, copyrights, trademarks, trade secrets or industrial designs."

Indexing (document details)
Author(s): Paul Waldie
Document types: News
Section: Report on Business: Canadian
Publication title: The Globe and Mail. Toronto, Ont.: Feb 3, 2009. pg. B.5
Source type: Newspaper
ISSN: 03190714
ProQuest document ID: 1637388101
Text Word Count: 548
Document URL: proquest.umi.com/pqdwe...

www.hrweb.org/legal/es...

For the longest time, NT was under the impression that The Invention and Trade Secret Agreement one signs when joining them "modifies" the UN Covenant. At least that's what the Director of Employee Relations for Eastern Ontario - Larry Schruder - told me! The sky "broke open" sometime in June 1999 when I asked my patent agent W. C. Junkin for a "copy" of the "modified" UN Document! The NT chart "froze" on that day! [Proof of that available on request]

patft.uspto.gov/netacg...

To my knowledge, there is no statute of limitations on these violations and, therefore, the liabilities will persist for at least as long as the brand "Nortel" does.

IMHO, this is the main reason for the Rise and Fall of the Nortel Empire! They started the dot-com bubble with their patents and they ended it the absolute same way! If you don't believe me, then all you have to do is look at the charts of NT and NASDAQ for 1999. NASDAQ started the climb into the bubble a full six weeks after Nortel. Then Nortel started crashing for various reasons and put an end to the bubble! The first of these crashes was on Oct 25th, 2000 long after corporations in the know [PPS, BCE, etc] bailed out of Nortel.

Have fun with the above,

Dan Leonida

Can a New Nortel Still Emerge?

The original stay was granted to allow time for the restructuring. If they want to "extend" that stay, it would have to be for the same reason as the original one was granted for: restructuring. Appending stuff to the original reason [sale of assets] is not the same as changing the reasons all together, IMHO.

About "half-decent offer for its Metro Ethernet Network"...

That's a non issue, IMO. Nortel already accepted a "stalking horse" bid from Avaya. If no better offer comes along, then they'll just have to sell it to Avaya for $475 mln.!! That's all there is to it, as far as I can see!

What I'd really want to talk about is the business of RIMM who wanted to buy the whole company at first, and now only wants the patents which are not -- and they never were -- for sale!! How come?! Is someone going for the "wool over eyes" routine in order to hide something? If "yes", then what are they trying to hide and who are "they" anyways ??!!

danleonida

Nortel: We Still Own the LTE Patents

"The Wall St. Journal reports that Nortel lawyer Derrick Tay said Nortel will “license the appropriate LTE patents to Ericsson as part of the planned deal”.

The patents are what interests Research in Motion..."
======================...
Mark,

Do you believe everything you hear, or read? I didn't think so!

If the above quote is true, then why the hell didn't Nortel tell RIM that before the cosmic fuss which resulted in the feds promising - more, or less - to investigate the deal from the both the national security and Foreign Investment perspective??!!

Somebody's hiding something BIG and, IMHO, reputable pundits - such as yourself - should be digging deeper and much harder for The Truth!

I have an idea of what the above mentioned "something BIG" might be, only nobody wants to talk to me about that! It involves Jean C. Monty and his Corporate Policy 400.05!!

Dan Leonida

RIM Wants in on Nortel's Wireless Action, But Why?

The Canukistani Feds seem to be DESPERATE to "kill" the Nortel brand!!! RIM wants to keep the technology in Canada! Everybody else, it seems, doesn't!

WW-HH-YY-??-!!

Why are the Canukistani Feds willing to pay US$300 mln. to Nokia to take the technology out of the country, but are not willing to do same with MatPat who wants to keep the company whole and in Canada??!

WW-HH-YY-??-!!

And now this! The runner-up of Canadian high-tech darling-of-the year, RIM, wants to keep the technology in Canada, pay twice what Nokia offered, yet all they get is ... I don't think I'm allowed to use the word I'm thinking about! Sorry!

WW-HH-YY-??-!! WW-HH-YY-??-!! WW-HH-YY-??-!!

danleonida

Why Is the EDC Involved in the Nokia-Siemens Deal?

Canadian government wanted Nortel dead for some time now.
The BOD [Manley & McNaughton are ex feds and current directors] opted for Ch. 11 in January because they didn't like Z's restructuring plans. Then two levels of government refused Z bailout money for the same reason. Now, the fed.gov is paying almost 50% to a foreigner to take Nortel off their hands.

I'm sorry, but if my memory still serves me, recession notwithstanding, most financial analysts liked Z, his work so far, his direction and his turnaround efforts!

Why is the Canadian government sooo...ooo determined to see the Nortel brand vanish??!!
Dan Leonida

Why Is the EDC Involved in the Nokia-Siemens Deal?

Canadian government wanted Nortel dead for some time now.
The BOD [Manley & McNaughton are ex feds and current directors] opted for Ch. 11 in January because they didn't like Z's restructuring plans.
Then two levels of government refused Z bailout money for the same reason. Now, the fed.gov is paying almost 50% to a foreigner to take Nortel off their hands.

I'm sorry, but if my memory still serves me, recession notwithstanding, most financial analysts liked Z, his work so far, his direction and his turnaround efforts!

Why is the Canadian government sooo...ooo determined to see the Nortel brand vanish??!!

Dan Leonida

Replacing Nortel's CEO: Is It Possible?

Jean C. [Shorty] Monty is the one, in my opinion, who started the decline of NRTLQ.PK and he knows it! Corp. Policy 400.05 is what did it IMHO!

-dan


On Jan 28 12:32 PM Nortel Retiree wrote:

> My vote is for Jean Monty, his track record is flawless.He knows
> the customers, the business and what it takes to turn this once great
> company around.How about sacking the Board as well!

Replacing Nortel's CEO: Is It Possible?

"Any suggestions on who that [CEO, d.l.] person might be?"
======================...
How about Jean C. [Shorty] Monty??!! He's been there before! :o)

Highs, then lows; [Final Edition]
Bert Hill & Vito Pilieci. The Ottawa Citizen. Ottawa, Ont.: Dec 29, 2001.

"BCE Inc. made the biggest splash in the media convergence game by snapping up CTV and The Globe and Mail with hardly a drop of debt. It did it by betting that the price of a huge pile of Nortel Networks stock might fall and made a $4-billion windfall when Nortel stock plunged. BCE is headed by Jean Monty, the Nortel chief executive officer from 1993 to 1997 who groomed John Roth for the top job."

-dan