The price that Nortel is paying for Xros also ought to raise some eyebrows. The startup only has 90 staff, so the bill comes to around $36 million a person. — Light Reading
Getting off on the wrong foot with you-know-who
And this didn't exactly put us on good terms with Avici Systems Inc. (Nasdaq: AVCI; Frankfurt: BVC7)!
"In the old days people said, 'We make money the old-fashioned way; we earn it.' But in optical networking we say, 'We make money the new-fashioned way -- we print it!' " — Wu Fu Chen (remember him?)
Three years ago, if somebody told you a networking company with no revenues and a secret product would go public and attain a $37 billion valuation within a week, you would have told them they were crazy. That exact scenario happened last week. — Light Reading
Rich McGinn? Stick a fork in him. He's done. — Light Reading on you-know-who's CEO at the time
One-time Corvis spinmeister Shyam Jha plays up Corvis revenues. If anybody is wondering where Shyam Jha is, he's become a professor of business.
Light Reading annoys Telcordia Technologies Inc.
Light Reading's verdict on its core router test, which led to a PR battle with Cisco Systems Inc. (Nasdaq: CSCO)
"How could anyone think this was a good idea?" an executive with one startup that competes with both companies said anonymously today. "Neither company acquires well. There's a lot of conflict, a lot of serious overlap in product lines that could keep them snarled for years." — Light Reading
The story that launched a message board that still attracts a cult following.
Interesting network processor architecture, pity about the company name... Cogmenahamenahamena... — Light Reading
"At the time it seemed like a good idea, but looking back, we shouldn’t have done that" — Bert Roberts, Chairman, WorldCom Inc., on the $400 million loan to Bernard Ebbers
"Bankruptcy gives us another vehicle with which to restructure our balance sheet" — Jerry Parrick, CEO, Yipes Enterprise Services Inc.
The first signs of trouble at WorldCom
Huawei's growing power first catches Cisco's eye.
Running a technology message board is a bit like running a lunatic asylum, with one difference: The patients in an asylum are sometimes curable. — Light Reading
Huawei Technologies Co. Ltd. runs into a spot of bother.
Light Reading plays God.
The article that triggered one of the biggest message boards on Light Reading.
BobbyMax runs into a spot of bother (but now he's found a new home)
Nortel's numbers start to unravel.
Nortel's Dunn with its CEO. "Financial accountability will become our watchwords," says new CEO Bill Owens.
Huawei runs into another spot of bother.
Light Reading annoys Telcordia some more.
UBM Acquires Light Reading.
Another CEO is stripped of his post.
2001 merger back on.
Huawei runs into a further spot of bother.
— The Staff, Light Reading