Stories by Jim Duffy and Phil Hochmuth

CEO Dunn's done, but what of Nortel?

Nortel Networks Corp. customers should stay put until the dust settles after the ouster of CEO Frank Dunn, users and analysts say.
Nortel as a company is not going away, observers say. The company is merely cleaning up its management ranks while it and the U.S. Securities and Exchange Commission continue investigating accounting practices that are forcing Nortel to restate financial results going back to 2000.

Written by Jim Duffy and Phil Hochmuth02 May 04 22:00