Nortel to Debut MIMO WIMAX?

According to an RBC Capital Market report called "Extreme Makeover: Nortel Edition,"Nortel will introduce its MIMO-enabled WiMAX base station and gateway at Wimax World later this week. Beyond WiMAX, the RBC report says Nortel is focusing on IMS, IPTV and 4G, and the analyst has a target stock price of $3.