As an investor in Nortel, the news does not please me one little bit. But, I guess that the company is doing its best to put its 'house' in order - this is a good thing! Looks like many investors are getting cold feet as shares dropped 19% on the news. I'll hang onto my shares and give Mr Dunn some more time to fix the company. Hopefully, he knows what he is doing.
(CFO.com)
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