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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.39+0.5%10:39 AM EST

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To: Brian Malloy who wrote (27669)8/17/1999 11:33:00 AM
From: Zoltan!  Read Replies (2) of 77400
 
>>If LU buys up the technology but can not integrate it or keep the key people that know the software/hardware then the future will not be as bright.


MCI questions LU's ability in light of their continuing failure:

...."Ebbers thanked the network experts from Lucent and its Bell Laboratories unit who worked on the problem, but later in the call he took a serious swipe at Lucent, wondering aloud whether the company even employed the right people.

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An unusual airing of the long-distance industry's dirty laundry.

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"Part of the reason that there is some concern here is that there has been a lot of consolidation in our industry and this software was originally developed by Cascade Communications, who was then acquired by Ascend Communications, who has since been acquired by Lucent," he said. "And so one of the concerns obviously in this cycle of events is what happened to the people and the process that did the development and wrote the software. And was the capability to maintain this software retained through these transactions?"

Communications carriers generally refuse to discuss their vendors at all, yet Ebbers publicly questioned whether Lucent, which spent $20 billion of its stockholders' money to acquire Ascend earlier this year, has been managing that deal correctly.... "

nytimes.com
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