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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST
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To: Renee Scherb who wrote ()6/14/2000 10:55:00 AM
From: sailor  Read Replies (1) of 42804
 
MRVC management departure - Picked this up today "NEW YORK, Jun 14, 2000 (BUSINESS WIRE) -- Sphera Corporation, a pioneer in
service automation for the Web hosting industry, today announced that Daniel
Yelin has joined Sphera as Senior Vice President of Business Development and
Operations to run its New York headquarters. Yelin brings more than a decade of
senior management expertise to the company. In his new role, he will head up the
U.S. operations and play a significant role in strategically positioning Sphera
in the rapidly growing Web hosting industry."
"Yelin joins Sphera from WorldSite, Inc., an Internet business development
company based in California. While at WorldSite, Yelin held the position of CFO
& COO and was responsible for the company's strategic planning and business
operations. There he was instrumental in redesigning the strategic direction of
the company from an ISP to an e-commerce provider. Yelin was able to build the
team and supporting infrastructure for a rapidly expanding North American
operation. He successfully lead the company's capital raising activity,
resulting in offers to merge with two public Internet companies. He also
successfully executed sales and marketing objectives resulting in significant
monthly revenue increases. Prior to WorldSite, he worked in senior management
positions at a number of hi-tech companies including California-based MRV
Communications (NASDAQ: MRVC) and Galcom Networking Ltd."

I have no idea how long ago he left MRVC. Was he a player in getting MRVC to where they are now. Anyone know why or when he left. Does this mean anything in any context????

Sailor
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