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Technology Stocks : JDS Uniphase (JDSU)
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To: Lizzie Tudor who wrote (23209)12/26/2002 9:13:58 PM
From: ownstock   of 24042
 
Lizzie:

Their departure has been planned for some time; thus the inside selling. Literally all but one (Jo Major) of the experienced executives of the company (I ever knew) have left or will be leaving. Jo (and two others who have since left) tried to do a management buy-out of the manufacturing operations, and when it failed, quit or was then fired (depends on whom you speak to) and somehow re-hired and promoted to VP of operations.

What a mess. Enough cutthroat inside politics to make Machiavelli run away scared. Thus all the exits. I do not think employee morale will be rising soon.

-Own

PS: KK was the first to say the party was over. Remember all that talk of bad health? Today he is flying his plane to drive his multiple race cars all around the world...amazing recovery, no? Perfect timing, yes.
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