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Technology Stocks : Terayon - S CDMA player (TERN)
TERN 44.99-4.5%3:59 PM EST

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To: pass pass who wrote (1241)10/20/2000 11:48:44 PM
From: donjean1   of 1658
 
The entity responsible for the demise of LU is none other than the CEO. He had no vision, no understanding of the technology revolution and did not even understand what the main competitor Cisco was saying.

Instead he listened to the customer who are short sighted and that allowed Nortel and Cisco to eat Lu's lunch. The
CEO of Lu finally woke up and to deflect blame, he is firing many upper managers in order to save his hide.
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