re: Lucent Silences SpringTideAs I said many moons ago... Shasta will outlast SpringTide. They had major problems with their security approval. Nortel's Shasta will have full steam ahead now... With that move, it is obvious that LU has no one left that has a clue how to steer the ship.
re: Lucent Silences SpringTideCoSine may be in a better position than both, as they have footprint with Sprint, Qwest, NTT, KDDI, Equant, Cable & Wireless, Korea Telecom, China Netcom and quite a few more...
re: Lucent Silences SpringTideHey, one less competitor for Shasta can't be bad. The product's stability has been improved quite a bit in the last year. The fact that Shasta hasn't been cut and is still talked about as an important product shows that Nortel is serious about investing in it.
re: Lucent Silences SpringTideI am not sure anything will keep Celox, Quarry or Corona around. I think this news benefits CoSine the most who easily has the better product between Shasta and CoSine.
CoSine will have a tough time selling though as a single product company.
re: Lucent Silences SpringTide( insert sarcasm here )
1) They should hire back some more of there washed up execs that still believe they are the "phone company".
2) Maybe they can cancel the full color Lucent magazine or the Lucent Satelite TV Network.
3) Did McGinn ever pay back his 12 million dollar loan he got when he was fired? I wish I was a CEO that got a bonus for failure. What school do you go to for that?
re: Lucent Silences SpringTideLucent had its eyes closed when it acquired SpringTide and paid about $1.4 Billion. It should be mentioned that Spring Tide had merely invested about $39 million. The system was not working and nothing revolutionary or evolutionary. But Lucent for reasons unknown to most experts acquired SpringTide.
The only thing that people who participated in the evaluation of the product and the people who approved the acquisition should be dismissed. If possible, a law suite be filed against the the former CEO and President of SpringTide for deceiving Lucent.
With that move, it is obvious that LU has no one left that has a clue how to steer the ship.
ROTFLMAO!!!!!!