Quotes About Nortel

Brennan remembers a Nortel recruiting truck showing up at a Newbridge mass termination meeting at the local hockey arena and offers this practical advice: "If all the meeting rooms are booked at the same time, it means something's up." By "something," he means firings.

The stock prices of networking equipment companies like Cisco Systems and Nortel Networks sometimes seem as if they are priced for perpetual success.

Tip of the Week If you bought $1,000 worth of Nortel stock one year ago, it would now be worth $49. If you bought $1,000 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, and traded in the cans for the nickel deposit, you would have $79. My advice to you…start drinking heavily.

Nortel—another troubled networking company that suffered operating problems as a result of botched mergers.