So, Sprint laid off a few thousand today, and they finally canned ION (Integrated On-Demand Network) — which prompted most of us to say: “ION still exists?” Not anymore. Check out this article which sort of presages the whole thing: –...
Or just bad management? -Ian.
Actually, n o it wasn’t. But it’s funny. -Ian.
With a CFO now in charge, Nortel’s obviously positioning themselves to sell. Presumably to Cisco or Alcatel. Price would have to be pretty low, though… Like sub- $1Bn. -Ian.
What Silicon Valley needs is a company with a close eye on the fundamentals to pull it out of this slump. One such company is PayPal.. Check these guys out. They are a digital cash powerhouse.. -Ian.