x
Page 1 / 2   >   >>
morye 12/5/2012 | 2:30:43 AM
re: Zhone Regroups With Gluon They paid 650k in cash and 1 million shares and gained a product line with no obligations and liabilities from the gluon operation. This deal has a dilution value of 1.2% and virtually no hit on the cash balance (less than the interest payment for 2 quarters on 100 million). The Gluon founders spent 76 million developing that product line, which we know is the future of telecom. Since you said there are folks who say they could have made a better deal, please let us know their names, I am sure Larry and other tycoons on the verge of M&A want to pick their brains.
truelight 12/5/2012 | 2:30:40 AM
re: Zhone Regroups With Gluon The Gloun founders did not know what they where doing based on the companies demise !
sevenbrooks 12/5/2012 | 2:30:36 AM
re: Zhone Regroups With Gluon
Could have had it for 20 cents + the cost of the equipment. Nobody else was going to buy it. First things the customers will require is that the product works.

seven
ms_mailinator 12/5/2012 | 2:30:30 AM
re: Zhone Regroups With Gluon Looks like the Zhone management still dreams about late 1990 era. Make quick money and run. Sorry guys, you have to deliver something that works.
DCITDave 12/5/2012 | 2:30:28 AM
re: Zhone Regroups With Gluon re: "Since you said there are folks who say they could have made a better deal..."

I didn't say that. I said that Zhone paid more than some folks expected. Word on the street, days before the announcement, was that the deal would be in the range of $1M to $3.5M.

The real story here is how quickly the product will contribute to revenues, etc.
canada1 12/5/2012 | 2:30:23 AM
re: Zhone Regroups With Gluon I tend to think with the right marketing team that the gluon clx can be successful. Some parts of the (sw) engineering that was done on the clx is pretty suspect and perhaps needs to be redone. Whether zhone will put this investment in, I dont know. If they just sell the box the way it is now, it will be difficult to maintain. Remember this box was supposed to be ready Jan 2002 and it ended up in trials Aug 2003.
Lazercat 12/5/2012 | 2:30:19 AM
re: Zhone Regroups With Gluon That picture shows a glimpse into Tellium's core (no phun intended). I wonder what all will be for sale at the auction. Maybe I can get some great piece of Optical Networking memorabilia. I might want Harry Carr's desk or Krishna Bala's chair. On second thought an Aurora switch might be nice for my coffee table.....
Scott Raynovich 12/5/2012 | 2:30:05 AM
re: Zhone Regroups With Gluon Considering that many assets of failed startups are being picked up for next to nothing these days, the analysis in the story does not seem far-fetched to me.
WiserNow 12/5/2012 | 2:30:02 AM
re: Zhone Regroups With Gluon Canada1 said:
"I tend to think with the right marketing team that the gluon clx can be successful. Some parts of the (sw) engineering that was done on the clx is pretty suspect and perhaps needs to be redone."

Mory Ejabat & Jeanette Symons, Zhone's dynamic duo, have never been know for improving marketing or for producing high quality software. They destroyed Cascade after they bought it. Cascade did produce high quality software.

Ascend was the luck of the bubble along with cronyism of the sort that the SEC is belatedly investigating.

The SEC should investigate Zhone and it's crony investors including John Sigemore and Rich McGinn.

Rich, while CEO of Lucent, put his personal money into Zhone after putting Lucent's shareholders money in the shell that was Ascend.
palaeozoic 12/5/2012 | 2:30:00 AM
re: Zhone Regroups With Gluon With probably close to a billion invested in the combination of Zhone and Tellium producing just $23 million in revenue for the most recent quarter--and even that is a sequential and year-over-year decline for the combined companies--it would seem incredibly unlikely that $650K and a little stock for a recently-shutdown softswitch startup would turn things around.

But who knows. Mory's strategy of buying bricks will eventually pay off...
Page 1 / 2   >   >>
HOME
Sign In
SEARCH
CLOSE
MORE
CLOSE