A snippet from a report about Nortel

A snippet from a report about Nortel

Nortel said the latest delay is based on adjustments to revenue identified mainly at the company’s optical networks and enterprise networks businesses.

Based on its review so far, it expects to raise 2003 revenues by $450 million, and reduce 2004 revenue growth to the low single digits from the mid single digits previously estimated.

Going back further, the company expects to reduce its previously reported 2000 revenue figure by $2.5 billion and to reduce 1999 revenue by $600 million.

“Of the amount in 2000, approximately US$250 million of revenue will be permanently reversed, with the remaining revenue adjustments in 1999 and 2000 being deferred and recognized in subsequent years,” the company said.

Nortel previously had maintained that the revenue restatement related to timing issues and would not materially change its revenue numbers.

The company is planning to release preliminary unaudited results for the third quarter of 2004 by mid December and is aiming to release figures for 2003 and the first and second quarters of 2004 “as soon as practicable.”

As a result of the delay in filing and releasing statements, the company will need to seek a new waiver of certain defaults on a $750 million loan provided by Export Development Canada. The waiver is due to expire Nov. 19.

The company is also no longer in compliance on other borrowings and some of its creditors could call for early repayment on its bonds at any time.

Cutting time

Cutting time

Jacob cut his first teeth last night.

It was around 8 p.m., and we’d just sat down to finish dinner. He cried, and since it was my turn to check on him, I hustled upstairs to see what was going on.

Fuss, fuss, fuss, fuss, fuss. I can’t find his pacifier (cleverly hidden in plain sight), so I pick him up and check his mouth to see if it’s a tooth related matter. I feel a bump that definitely wasn’t there before.

For those of you unaware, I’m chair of the church next year. That means I get to lead meetings, try to pick committee heads, etc. I’m probably the youngest chair the church has had. That’s no guarantee of anything.

Happy birthday to Laureen

Happy birthday to Laureen

Well, it’s a crazy day.

1. Today is Laureen’s birthday. Since I’m a gentleman, I’ll refuse to divulge how old she is.

One of the things Laureen wanted for a birthday present was to have her BURP (Babies and Understanding the Realities of Parenting) mommies and babies over on Thursday. Sounds easy enough, right? Clean up the house, yada yada yada.

Uh, no. Nothing’s ever simple. Let’s see:

We’ve decided that since the big downstairs TV isn’t doing so well (needs a new power supply and there’s a couple of hotspots developing on it), we’re just going to move the entertainment center out of the house entirely. We still have a TV in the upstairs bedroom (ours), and, thanks so much to Darrell Anderson for helping to rewire the house, we have a satellite connection to that room.

Note that this is all AFTER we moved the king size waterbed frame upstairs and the queen size bed downstairs in order to be able to put Jacob in his crib in his room. We eliminated one tier of shelves underneath the master bed, so it works pretty well in the room. The computer (ugh, see below) also came downstairs.

We did the rewiring a long time ago, but yesterday was the first time we actually tested the satellite connection. Amazingly, it worked.

We (okay, I did it; Laureen was rearranging the garage to create space to put stuff in it) moved all of the stuff out of the entertainment center and rewired things upstairs. By 10:00 p.m., it was working.

Then I started to pull stuff out of the desk which was in the living room. The master plan is to take the green-covered couch and put it against the wall where the desk and entertainment center were, thus opening up the downstairs a tremendous amount and making the great room a truly great room.

Of course, Jacob decided that he wanted to wake up and play, so at 11:00 p.m., we had to call it a night.

This morning, we moved the entertainment center, the semi-working TV, and the desk to the garage, ostensibly to be sold or given away at some point in time.

So that’s part one of Laureen’s birthday present, waking up early to do the furniture moving. We’re disassembling the New York puzzle and storing it for the time being; since it was placed on the entertainment center, it no longer has an accessible home.

2. Here’s a note for all Texans: this year if you itemize your taxes, you’ll be able to take off all of the state sales tax you paid. There will be a table for estimating how much you’ve paid if you haven’t saved every receipt. Read here for some more info.

3. It’s election day, hoorah hooray. I’ve already voted. My position on the entire election mess has been a quote from Jim Hightower: “If God had meant us to vote, he would have given us candidates.” I’m not particularly happy with the incumbent, nor am I terribly pleased with Kerry. I feel that both candidates have way too many corporate interests hooked onto them. I am, however, more displeased with the level of Republican rhetoric and its tone than I am with Democratic rhetoric.

For me, neither politician has addressed a few things that seem to matter:
a. the federal debt (not the deficit) is huge. Why aren’t we attempting to retire some of that?
b. social security is a Ponzi scheme waiting to collapse.
c. our dependence on oil is going to bite us in the tail very, very soon. We’re talking Canadian or European costs per gallon. Efforts into research into other forms of energy seem to be limited.
d. in my belief, certain areas of deregulation have only created larger empires than expected: instead of competition, you have mergers creating supercorporations. Look at the telecommunications industry and tell me that SBC, Verizon, and a few others aren’t as powerful as old Ma Bell. As it stands, most major media in the world is controlled by 7 companies: Vivendi, Sony, Disney, News Corp., AOL Time-Warner, and two others whom I can’t remember off the top of my head.

4. The power supply ordered from Newegg isn’t working, thus the computer is down. However, if you want to see (and/or order) some really cute Jacob pictures, email Laureen or me.

Sigh. Gotta get back on the stick. Happy birthday, love of my life.

Computer joy

Computer joy

Well, silly little me forgot about the power requirements of a new motherboard and video card, and as a result, if both CDs are plugged in, neither gets enough juice to make the connection to the rest of the computer. So, it’s off to Newegg for a 400 Watt power supply.

Actually, I’m kinda happy. I got to play the Rugby game that I’d been waiting to play for quite some time. The new processor, motherboard, and video card make playing the game a joy, even if I don’t fully understand how to do everything yet.

Some Jacob pics from the cellphone

Some Jacob pics from the cellphone

With the purchase of a new cell phone with a camera, we now have some new Jacob pics that don’t require a PC to convert….

Asleep in the truck
Big daddy
Big sleep
Am I on Candid Camera?
What’d you say?
Tasty shirt
Grandma’s lap #1
Grandma’s lap #2
I’m Popeye the Sailor Man…
My good side
Hey, there’s a camera here
What’s this do?
Will this fit in my mouth?
You rang?

A big thank you to Charlie and Chris

A big thank you to Charlie and Chris

The home computer is fixed. Finally.

When we last left the ranting about the computer, I was ready to pack it in and give up hope.

Well, I broke down and got the chance to go to Fry’s and purchased some loss-leader items:

Motherboard, processor, and fan = $99 after rebate.
512 MB of memory = $89.

Chris offered his old PC to the cause to see what was happening, but we couldn’t get the mouse to work on it despite our best efforts. It looks like a pin is shorted out on the connector. We tried to go the no-cost route, but to no avail.

So, Charlie tried to put the machine together, and the first time, we tried the fancy-schmancy video card. We plugged everything in, but it didn’t work. Bummer. We got a message on the screen about powering up the video card.

We try the old video card. No joy. It’s an AGP 1x card, and the AGP slot is only for 8x cards….That sound you heard was my head banging against the wall.

We pull the PCI video card from Chris’ machine, but it doesn’t work. Charlie resets the PCI bus speed to 100 MHz and finally we get a video screen. Holy cow, the computer works.

Now, however, we don’t have power to one of the CD-ROMs. An internal check revealed that we had plugged in the video card (which requires an external power connector) to the CD-ROM, and the CD-ROM to the video card plug end, thus creating a loop that went nowhere.

The lights come on. We put the fancy-schmancy video card in, run a proper working power plug to it, take out the PCI video card, and whammo! AGP 8x video is on.

Next, connecting to the net. We’re not connecting. A check of the security reveals that they default to the higher bit key thus requiring us to put in a 26 character code…Sigh. Switch the code. Bang! We connect. We stay connected.

Final challenge: printing. We had a multi-function machine attached through the parallel port. Well, we purchased a smaller machine for Laureen’s school use, and since she doesn’t teach anymore, it’d be nice to have around the house. It’s USB. So, let’s try to print, shall we?

3 hours later, with something I really need to print awaiting, the software from HP doesn’t work. It won’t install. After repeated attempts, it doesn’t install at all. For whatever reason, it seems like this software off of the web will not work with Windows XP. Uninstall, reinstall, uninstall, reinstall. It can’t find the drivers. Uninstall, reinstall. Uninstall, reinstall. It’s dumping proprietary software on and off of the machine, but when Windows tries to load the drivers, it simply doesn’t. Uninstall, reinstall…no install.

I wind up mailing the document from that computer to Laureen’s iBook. We take the iBook down to the printer, plug it in, and it prints. The first time. We’d installed the software earlier, but the fact that it worked so easily reminded me why the entire experience with Macs is easier.

So if anyone knows how to connect an OfficeJet 6110 to XP (SP2), let me know.

Chris responds to my blathering about Iraq

Chris responds to my blathering about Iraq

Taken from the comments:

I really shouldn’t comment. It’s not like I expect to change anyone’s mind, because I think you and I live in two different worlds.

In your world, 12 years and 17 U.N. resolutions equals a rush to war. The report on his WMD also showed how he was gaming the system to (a) end sanctions, and (b) ramp up his WMD programs as soon as sanctions ended. But let us set that aside.

You know about his sons torturing. I’m assuming the mass graves of women and children are part of your “etc, etc, etc.” So, let me put it to you simply:

How many people would have been saved if we had rushed to war even quicker? How many were murdered, tortured, fed to shredding machines per day? How many more days would you have us wait?

Yes, the situation is still awful over there, yes, there are terrorists pouring across the border. But frankly, I’d prefer them pouring over the Iraqi border than pouring over OUR border.

From the Pres, Sept 2002.

Twelve years ago, Iraq invaded Kuwait without provocation. And the regime’s forces were poised to continue their march to seize other countries and their resources. Had Saddam Hussein been appeased instead of stopped, he would have endangered the peace and stability of the world. Yet this aggression was stopped — by the might of coalition forces and the will of the United Nations.

To suspend hostilities, to spare himself, Iraq’s dictator accepted a series of commitments. The terms were clear, to him and to all. And he agreed to prove he is complying with every one of those obligations.

He has proven instead only his contempt for the United Nations, and for all his pledges. By breaking every pledge — by his deceptions, and by his cruelties — Saddam Hussein has made the case against himself.

In 1991, Security Council Resolution 688 demanded that the Iraqi regime cease at once the repression of its own people, including the systematic repression of minorities — which the Council said, threatened international peace and security in the region. This demand goes ignored.

Last year, the U.N. Commission on Human Rights found that Iraq continues to commit extremely grave violations of human rights, and that the regime’s repression is all pervasive. Tens of thousands of political opponents and ordinary citizens have been subjected to arbitrary arrest and imprisonment, summary execution, and torture by beating and burning, electric shock, starvation, mutilation, and rape. Wives are tortured in front of their husbands, children in the presence of their parents — and all of these horrors concealed from the world by the apparatus of a totalitarian state.

In 1991, the U.N. Security Council, through Resolutions 686 and 687, demanded that Iraq return all prisoners from Kuwait and other lands. Iraq’s regime agreed. It broke its promise. Last year the Secretary General’s high-level coordinator for this issue reported that Kuwait, Saudi, Indian, Syrian, Lebanese, Iranian, Egyptian, Bahraini, and Omani nationals remain unaccounted for — more than 600 people. One American pilot is among them.

In 1991, the U.N. Security Council, through Resolution 687, demanded that Iraq renounce all involvement with terrorism, and permit no terrorist organizations to operate in Iraq. Iraq’s regime agreed. It broke this promise. In violation of Security Council Resolution 1373, Iraq continues to shelter and support terrorist organizations that direct violence against Iran, Israel, and Western governments. Iraqi dissidents abroad are targeted for murder. In 1993, Iraq attempted to assassinate the Emir of Kuwait and a former American President. Iraq’s government openly praised the attacks of September the 11th. And al Qaeda terrorists escaped from Afghanistan and are known to be in Iraq.

In 1991, the Iraqi regime agreed to destroy and stop developing all weapons of mass destruction and long-range missiles, and to prove to the world it has done so by complying with rigorous inspections. Iraq has broken every aspect of this fundamental pledge.

From 1991 to 1995, the Iraqi regime said it had no biological weapons. After a senior official in its weapons program defected and exposed this lie, the regime admitted to producing tens of thousands of liters of anthrax and other deadly biological agents for use with Scud warheads, aerial bombs, and aircraft spray tanks. U.N. inspectors believe Iraq has produced two to four times the amount of biological agents it declared, and has failed to account for more than three metric tons of material that could be used to produce biological weapons. Right now, Iraq is expanding and improving facilities that were used for the production of biological weapons.

United Nations’ inspections also revealed that Iraq likely maintains stockpiles of VX, mustard and other chemical agents, and that the regime is rebuilding and expanding facilities capable of producing chemical weapons.

And in 1995, after four years of deception, Iraq finally admitted it had a crash nuclear weapons program prior to the Gulf War. We know now, were it not for that war, the regime in Iraq would likely have possessed a nuclear weapon no later than 1993.

Today, Iraq continues to withhold important information about its nuclear program — weapons design, procurement logs, experiment data, an accounting of nuclear materials and documentation of foreign assistance. Iraq employs capable nuclear scientists and technicians. It retains physical infrastructure needed to build a nuclear weapon. Iraq has made several attempts to buy high-strength aluminum tubes used to enrich uranium for a nuclear weapon. Should Iraq acquire fissile material, it would be able to build a nuclear weapon within a year. And Iraq’s state-controlled media has reported numerous meetings between Saddam Hussein and his nuclear scientists, leaving little doubt about his continued appetite for these weapons.

Iraq also possesses a force of Scud-type missiles with ranges beyond the 150 kilometers permitted by the U.N. Work at testing and production facilities shows that Iraq is building more long-range missiles that it can inflict mass death throughout the region.

In 1990, after Iraq’s invasion of Kuwait, the world imposed economic sanctions on Iraq. Those sanctions were maintained after the war to compel the regime’s compliance with Security Council resolutions. In time, Iraq was allowed to use oil revenues to buy food. Saddam Hussein has subverted this program, working around the sanctions to buy missile technology and military materials. He blames the suffering of Iraq’s people on the United Nations, even as he uses his oil wealth to build lavish palaces for himself, and to buy arms for his country. By refusing to comply with his own agreements, he bears full guilt for the hunger and misery of innocent Iraqi citizens.

In 1991, Iraq promised U.N. inspectors immediate and unrestricted access to verify Iraq’s commitment to rid itself of weapons of mass destruction and long-range missiles. Iraq broke this promise, spending seven years deceiving, evading, and harassing U.N. inspectors before ceasing cooperation entirely. Just months after the 1991 cease-fire, the Security Council twice renewed its demand that the Iraqi regime cooperate fully with inspectors, condemning Iraq’s serious violations of its obligations. The Security Council again renewed that demand in 1994, and twice more in 1996, deploring Iraq’s clear violations of its obligations. The Security Council renewed its demand three more times in 1997, citing flagrant violations; and three more times in 1998, calling Iraq’s behavior totally unacceptable. And in 1999, the demand was renewed yet again.

As we meet today, it’s been almost four years since the last U.N. inspectors set foot in Iraq, four years for the Iraqi regime to plan, and to build, and to test behind the cloak of secrecy.

We know that Saddam Hussein pursued weapons of mass murder even when inspectors were in his country. Are we to assume that he stopped when they left? The history, the logic, and the facts lead to one conclusion: Saddam Hussein’s regime is a grave and gathering danger. To suggest otherwise is to hope against the evidence. To assume this regime’s good faith is to bet the lives of millions and the peace of the world in a reckless gamble. And this is a risk we must not take.

Delegates to the General Assembly, we have been more than patient. We’ve tried sanctions. We’ve tried the carrot of oil for food, and the stick of coalition military strikes. But Saddam Hussein has defied all these efforts and continues to develop weapons of mass destruction. The first time we may be completely certain he has a — nuclear weapons is when, God forbids, he uses one. We owe it to all our citizens to do everything in our power to prevent that day from coming.

The conduct of the Iraqi regime is a threat to the authority of the United Nations, and a threat to peace. Iraq has answered a decade of U.N. demands with a decade of defiance. All the world now faces a test, and the United Nations a difficult and defining moment. Are Security Council resolutions to be honored and enforced, or cast aside without consequence? Will the United Nations serve the purpose of its founding, or will it be irrelevant?