Huge Nortel Web Auction this week.

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 http://www.dovebid.com - 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 lgwalker(a)mts.net bigwalk_ca(a)yahoo.com