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brownwall 12/4/2012 | 10:49:25 PM
re: Mory Ejabat Actually, I believe I saw his formula on an episode of South Park. The formula was actually developed by the Underwear Knomes. It goes something like this:

Step 1: Steal Underwear (or steal telecomm company, steal whatever.)
Step 2: Question Mark
Step 3: Make Profit!!!

He was lucky enought to get through Step 2 with Ascend without anyone noticing and sailed on through to Step 3.

However, with Zhone, the question mark actually requires that he have a plan. Creative financing and funny money aren't going to cut it in this economy. Notel's AccessNode product line are not modems. They require a little more than just turning them off and back on to fix them. Nortel's products are the only thing bringing in revenue right now. And he's gotten rid of a lot of the people who have experience with them. Tsk tsk tsk.

Mory repeatedly said "I'm here to make money" with a little smirk on his face. To me that meant, "if you happen to profit from this, lucky you. But chances are, you're gonna get screwed" I don't believe that he is here to build a company or a product. He's here to make a buck. Look out!
TheShrewThatKneW 12/4/2012 | 10:49:19 PM
re: Mory Ejabat *sung to the tune of the Brady Bunch*

Here's the story
of a man named Mory
Who feels not the slightest guilt or blame or shames...
He will hire, then he'll fire, and it will burst into flames.

Till the one day when his actions became public,
and he knew then it was just a matter of time.
There are so many more employees
cursing his name....
as they grew tired of his game.

- - - - - - - - - - - - - - -

*feel free to add your own verse(s) or try a whole new song* (my apologies to the Brady Bunch)
TheShrewThatKneW 12/4/2012 | 10:49:17 PM
re: Mory Ejabat Should I stay or should I go?
Guess it's up to mighty Mo...

- - - - - - - - -

my apologies to the Clash*
techoriginol 12/4/2012 | 10:47:37 PM
re: Mory Ejabat Zhone's only intereset is making sure that the financial numbers look good so
that they can IPO ASAP. They are effectively trying to fool potential investors
by showing that they have been cash flow positive for numerous consecutive quarters.
They give no concern over their product, the development of their products, supporting
the customers or moving forward with the products. With the recent round of layoffs
they have lost major areas of expertise in their product lines. They cannot support
most of the cards sitting in their Access shelves. At this point they cannot setup
their lab facilities, or perform verification, or move forward with new releases. They
will not be able to power down, dismantle, move and power up their equipment should
they ever need to move to new facilities.

I feel sorry for the investors (except Mory and Jeanette) and future investors
that have seen (or will see) their 500M wash down the drain. "At this point we flush".
Let's hope the toilet doesn't overflow.
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