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Mark Evans

the blog - examines the world of telecom  and  technology  from  a distinctly Canadian perspective.

the person - lives in Toronto, CA with  his  wife  and  three children, and  works  as director of community with PlanetEye Inc.
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Re: Troubled Sunday Morning Thoughts About Nortel
by Anonymous
Regarding the statement that SG&A and R&D bothed climbed from Q2, 2004, that's incorrect. SG&A was $37M higher than one year ago, while R&D was $14M LOWER ($479M this year, vs. $493 last). The combined total for both was higher, but if that's what you meant to say, it's not clear. As to your scrutiny of the $58M in other income, I don't think that this is something only found in the 10-Q, as the Nortel earnings press release clearly states the following: "Other income -- net was $58 million income for the second quarter of 2005, which primarily related to the gain on the sale of an investment of $21 million, the gain on a contract settlement of $17 million and interest income of $15 million."
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My blog has moved. Check out the new Mark Evans. It's part of my mini-blog empire that also includes All About Nortel and Twitterrati. You can subscribe to Mark Evans Tech by clicking on the RSS symbol above.
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