re: Nortel Outlook WorsensSteven Levy, the ANALyst as you call him, was one of the very few telecom analysts with the smarts and the courage to call out the phony growth of Lucent under McGinn&Co, back in 1999.
re: Nortel Outlook WorsensThink about it 20% of the revenue and 50+% of the compensation...
I agree, that doesn't sound fair. The only rationale I can see is that these guys have to go up against Cisco, while carrier guys go against Lucent and Alcatel, not quite as challenging.
But I'm sure there are good arguments to counter that.
re: Nortel Outlook WorsensGood point Belzebutt. Guess that leaves the Shasta folks out in the cold. Having to compete with Unisphere, Springtide, and Cisco on the provider front can't be fun.
re: Nortel Outlook WorsensMy interpretation of the comment suggested spinning out enterprise, which ultimately should allow it to grow assuming they can compete. The telco side will fight to stop this from happening because they don't have path ahead of them. (IBM New England, mainframes, did the same thing to IBM Austin, workstations, where older generations of hundreds thousands kept trying to claim the revenues the younger generation of tens of thousands. That led to everybody to nowhere.)
The growth path will expand productivity newtworks off the enterpise. That is unicast traffic.
The consumer path is mass media, currently using broadcast networks, which remains stagnant.
The interesting inflection point comes when it is cheaper to distribute via unicast than it is via broadcast. A that point *all* content producers will stop paying the overpriced bit distributors and those with debt on their books will go bankrupt.
one of the very few telecom analysts with the
smarts and the courage to call out the phony
growth of Lucent under McGinn&Co, back in 1999.