Huge Nortel Web Auction this week.

From: James B. DiGriz <>
Date: Tue Apr 16 14:29:25 2002

Lawrence Walker wrote:
> Just ran across this in the Montreal Gazette.
> Nortel Networks Corp. has put up for auction untold millions of dollars worth of
> computers, test equipment, office phone systems, photocopiers and tool kits it
> once used in St. Laurent and Florida to build Internet equipment for which
> demand has evaporated.
> The auction will be Webcast - on - Thursday and
> Friday, starting at 9 a.m.
> A Montreal-area preview day tomorrow will allow potential buyers to physically
> examine the local assets, not just massive quantities of high-end electronic gear
> but also fork-lift trucks, heaters, air-compressors and more than 230 Dell laptop
> computers, PCs and servers. Nortel is conducting a similar preview day at
> another plant in Boca Raton, Fla.
> The St. Laurent plant builds Internet transmission equipment and had 6,000
> people on its payroll in mid-2000, a figure Quigley estimated has been cut in half.
> Its gates, on the south side of the Trans-Canada Highway, will be open between
> 9 a.m. and 4 p.m. "Please watch for auction signs," DoveBid's Web site instructs
> out-of-town buyers coming to see for themselves.
> Lawrence

Holy $_at_*%! I don't know if I can wade through all this stuff in just 2 days.

Thanks for the heads-up.

Received on Tue Apr 16 2002 - 14:29:25 BST

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