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AAL6 12/4/2012 | 11:13:12 PM
re: Zhone Takes Top Turkey Award 'nuff said :)
techoriginol 12/4/2012 | 11:13:09 PM
re: Zhone Takes Top Turkey Award I couldn't agree with you more. Gobble Gobble.

These bozos have done nothing to help the US economy, jobs, the customers with a better product or anyone for that matter, except themselves. So what they have an ugly data card provisioning tool (ZM_) or an outdated line concentrator. They want to be the last mile solution. This is like Michael Jackson self proclaiming himself the king of pop. Zhone: We'd all be better off if the Zhone turkeys would outsource themselves back to Iran. We don't need them. Gobble Gobble.

And this is my humble opinion.
BobbyMax 12/4/2012 | 11:13:06 PM
re: Zhone Takes Top Turkey Award It should be evident that Zhone could not have gone public.This provides a dimple way to cashout the stocks and just disappear with millions of dollars. This will start to happen as soon as the time is right. The whole thing has been planned by Zhone very skillfully.
WiserNow 12/4/2012 | 11:13:05 PM
re: Zhone Takes Top Turkey Award Zhone: We'd all be better off if the Zhone turkeys would outsource themselves back to Iran. We don't need them. Gobble Gobble.
----------------------------------

Ah please. Let's not be silly. Mory has been in the US longer than many of us have been alive. With Schwartzenegger elected Guv'nor, it is clear that CA is in favor of imported leadership. I haven't seen any mention of Zhone going off-shore for engineering talent. That makes them unusual these days.

What shocks me is how fast the Tellium cash is disappearing. I wonder if the Tellium shareholders had full disclosure on the extent of Zhone debts? Now that Zhone is a public company, the SEC should be taking a close look at them.

*** The shenannigans that worked with Ascend during the bubble are no longer tolerated. ***

Looking at the Zhone investors listed in their public filing, you see the old crony names, including Sidgemore and McGinn. I bet those fat cats have taken advantage of this liquidity event to pull their millions out before a SEC investigation tanks Zhone's stock.
Iipoed 12/4/2012 | 11:13:05 PM
re: Zhone Takes Top Turkey Award "It should be evident that Zhone could not have gone public.This provides a dimple way to cashout the stocks and just disappear with millions of dollars. This will start to happen as soon as the time is right. The whole thing has been planned by Zhone very skillfully."

Bm-you're an idiot
drone387 12/4/2012 | 11:13:03 PM
re: Zhone Takes Top Turkey Award No sales but plenty of cash.

Sycamore?
sevenbrooks 12/4/2012 | 11:13:02 PM
re: Zhone Takes Top Turkey Award
The whole point for a Tellium shareholder is to remain at the table.

Think of it this way. If you were invested in Tellium at the time of the acquisition, you were gambling. To take the cash out of Tellium, would be like cashing out a losing position at a roulette table. By allowing Zhone to take over Tellium, at least these guys still have a shot at recovering their money. No matter how slim that shot is, its a better shot than cashing out and going home.

Now one can argue that this is a sensible investment strategy or not. But given that one was invested in Tellium, I think the term oxymoron applies.

seven
technonerd 12/4/2012 | 11:13:01 PM
re: Zhone Takes Top Turkey Award Zhone was obviously a turkey from the very minute it began. Nice to see that LR eventually discovered it.
bo knows optics 12/4/2012 | 11:12:58 PM
re: Zhone Takes Top Turkey Award "I haven't seen any mention of Zhone going off-shore for engineering talent. That makes them unusual these days."

That's because zhone has no need of engineers.
They are a clearinghouse for start-ups. Just collect the technology that exists and fire all creators. Nice way to build job loyalty.
Contracts are a minimum requirement for zhone employment.
Passenger 12/4/2012 | 11:12:14 PM
re: Zhone Takes Top Turkey Award Bobby Max, Light Reading missed it's biggest opportunity, to name turkey of the year, YOU!
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