I have a call set up with Nortel later today and will give you more details but for now the latest news is company will file for bankruptcy as soon as today. Nortel's assets will be divided up and sold off to competitors. As soon as I know more, expect an update.
![wes-durow[1].jpg](http://blog.tmcnet.com/blog/rich-tehrani/assets_c/2009/09/wes-durow[1]-thumb-100x100-6736.jpg)
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