Archive for the ‘Blogs’ Category

Q&A with Mike Z.

July 30, 2007

The Globe and Mail has a Q&A today with Nortel CEO Mike Zafirovski. One of the first questions is: “Do you pay attention to all the noise, such as the blogs that focus on Nortel?”, which makes me wonder whether the question is referring to All About Nortel. 🙂

Sadly, Mike Z. deftly sidesteps the question by saying that “It does good to create jobs for people. With all those blogs, it is another way we are helping the Canadian economy.”

For the life of me, I have no clue what he means. I guess I was hoping he’d say something like “I love blogs, particularly All About Nortel because it’s so insightful”. One can dream, right?!

Anyway, one of the more interesting questions was whether Nortel has to make an acquisition given the speculation it made a bid for Avaya and may be interested in 3Com. Here’s what Mike Z. had to say:

“With respect to acquisitions, 80 per cent of them fail. But I’ve done 80 to 90 acquisitions in my life and I’m pretty comfortable that the majority were done well. I’m not prejudiced on where growth is going to come from – organically or through acquisitions. But we are committed to growth, and we have earned the right. Last year, we did not have the systems, the foundation, the processes to manage our company well, let alone integrate somebody else.”

If you boil down his answer, I think he’s saying “maybe”…or “yes”…or “no”.


Thanks, Duncan!

March 2, 2007

Duncan Stewart was kind enough to cite my blog within a column he wrote for the National Post on different ways for retail investors to get information these days. After mentioning newspapers and Web sites such as Seeking Alpha, he talked about blogs – and highlighted how my posts on Joel Hackney were way ahead of the mainstream media.
Update: I also got mentioned – and quoted – in the News Observer today.

Where are the Posts, John?

February 1, 2007

So Nortel CTO John Roese has launched a blog, which is great. But he hasn’t written a post since last Friday, which is not great. John, you can’t be afraid of making a commitment when you launch a blog. You’ve got to nurture it, tend to it, give it some love and attention and, most important, write on a fairly regular basis. Otherwise, it loses some of its energy and people will stop visiting. So, let’s get writing. By the way, if you’re looking for some tips, I’m here for you. 🙂

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Nortel CTO Launches a Blog

January 28, 2007

Nortel chief technology officer John Roese has demonstrated a gift for the gab given the number of media interviews he has done since joining the company last year but now he’s jumped into the blogosphere with his own blog. Frankly, I’m stunned to see a high-profile executive with a Canadian company writing a blog, so Nortel and Roese should get some major props for doing it. Here’s an excerpt from Roese’s blog, which explains why he’s doing it.

External blogs are a new thing at Nortel and the fact that we had comments and observations from employees, customers, partners and others means that the medium has great potential for creating an on-going dialog with a broad audience of interest.

The opportunity to have a conversation with your customers, employees, investors and the media is why blogs should be a corporate marketing/communication staple. But despite books such as Naked Conversations that extoll the benefits of blogging, many companies remain cautious is not outright dismissive. It will interesting to see how much energy Roese puts into the blog but his first two entries suggest he’s enthusiastic. If I could offer a constructive piece of advice, Roese needs to make his posts much shorter because the first two entries required some serious time to read.

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Can Nortel Stay Independent?

December 26, 2006

Blogging Stocks questions whether Nortel can stay independent given it is trading at a market cap to sales ratio lower than Alcatel-Lucent and Motorola, and the lacklustre performance of Nortel shares recently. “There are several companies that might find Nortel an attractive acquisition. The list would be lead by Motorola, Cisco Systems Inc., and Alcatel-Lucent,” opines Douglas A. McIntyre, a partner with 24/7 Wall St.

Comment Update

November 3, 2006

I believe in blogs being all about the conversation but many comments recently have been disappointing for a variety of reasons. As a result, I have decided to implement a policy that will see me approve or disapprove every comment. If a comment is constructive, relevant, insightful, etc., it will appear on the blog. It’s that simple. My apologies to anyone offended by this decision. Update: Just to be clear, it’s not my intention to stifle comment and discussion. But I will not condone impoliteness and personal attacks.

Don’t Overspend, Gartner Says

October 23, 2006

In news that can’t be music to the ears of telecom equipment vendors such as Nortel, Gartner said $100-billion will be wasted on network services and products over the next five years. According to ComputerWorld, Gartner analysts Mark Fabbi said network executives should focus on spending plans to meet their needs over the next two years because rather than buy more than they need. He said, for example, WAN optimization tools should be implemented to make network traffic more efficient rather than purchase more bandwidth – which goes contrary to statements made last year by Nortel CTO John Roese, who argued the growth of Internet traffic through services such as video will see a boom in capacity. Fabbi contends WAN optimisation tools can reduce traffic by 6% to 80%, offsetting a 35% growth in bandwidth needs. His colleague, Bob Hafner, poured fuel on the fire by arguing that companies should avoid spending money on such things as IP phones with large display screens. Instead, he said they should purchase less expensive phones, and use the $150 to $350 savings on unified communication services to make employees more productive. He’s also big on soft phones (software) rather than expensive desk phones. While equipment makers will no doubt be taken aback by the Gartner view of the world, Andy Abramson believes there is a lot of positive news for Web 2.0 service providers such as Skype, PhoneGnome and iotum that leverage high-speed networks. Meanwhile, GigaOm believes there will be a resurgence in video conferencing next year, highlighted by Microsoft’s release of a product called RoundTable.

RBC Still Looking for Answers

October 10, 2006

GigaOm weighs into the Nortel fray with a post about an RBC Capital Markets’ report on the progress of Nortel’s turnaround. GigaOm and RBC both seem unimpressed with what’s happened so far. Here’s a snappy line from the GigaOm post: “The report doesn’t blatanty say Nortel sucks, but it is so conservative that it’s the equivalent of saying, “Well, Nortel probably won’t get any worse”. Ouch!

Nortel’s “Spiral of Death”?

August 1, 2006

I don’t run across too many blogs looking at Nortel so it was eye-catching to see a post entitled “Nortel Goes Into Spiral of Death”, which cites a some recent analyst downgrades. Here’s an excerpt that gets to the heart of the issue:

“Nortel is in a downward spiral. As it closes down or sells off whole sectors of product lines, its turnover will decrease faster than it can grow the other lines. The opportunity to ‘cross sell’ diminishes as the number of sales people decreases and Nortel needs to exploit those opportunities fast – the whole market is currently slowing down.”