Christin Armacost Quotes
People had expected everyone to miss the quarter so it's not surprising that they missed. Market conditions are especially challenging for some of these companies, and they are now getting down to a point where they can drive a profitable business model. 
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There's an expectation built into Nortel's valuation for the company to outperform relative to expectation and with all of the indications prior to the call that the demand for optical remained quite strong, especially with service providers.
- Christin Armacost
