IPR 0.00% 4.1¢ ipernica limited

judge ward we need your decision soon.

  1. 357
    2,166 Posts.
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    We the shareholders of IPR would like your decision before Nortel goes down in to " Big Black Hole ".

    February 28th, 2008

    For all the work that CEO Mike Zafirovski and his overhauled management team has done over the past 2+ years, Nortel seems no closer to being revitalized.

    The stock’s decline to below $10, or $1 when a 1:10 stock consolidation is accounted for, has everything to do with investors growing belief that Nortel’s prospects are, at best, mediocre. When the New York Times’ coverage of your fourth-quarter results is focused on a dim look of what’s head, it can’t be a good sign.

    The question investors have to ask themselves if they are willing to jump into the fray is what one thing will drive Nortel back to respectability. Is there a technology, a product or a trend that will jump-start Nortel’s sales? Sadly, none seems to exists.

    If 2007 - as Mike Z. - said was a crucial year for Nortel, then it could be argued 2008 is one fraught with urgency. Do not be surprised if Nortel’s status as a standalone company ceases to exist.

    New York Times’ coverage
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