Labrador: Wonder who's got pictures of the CEO for him to sell-out at such a price, or are things so bad in the future?
LOL! It might be because of a certain contract comment (ONIS getting a big domestic contract). The contract comment comes from Hugh Martin, within the CIEN buy-out article in the NY Times. See this NY Times web-site where the article also resides:
nytimes.com
And just in case you can't get to it; here's the portion of the article mentioning the contract:
**ONI's president and chief executive, Hugh Martin, said that the merger would help his company reduce marketing costs, while gaining credibility with the giant United States and European telephone companies that constitute its natural market.
Without naming the companies, Mr. Martin said that four large, international carriers were currently testing ONI's equipment, and one of the big regional phone companies had notified ONI that it intended to make a purchase.
"They're very excited about the product, but they're also concerned about our ability to support that very high demand," Mr. Martin said. "They said ONI will have to train 1,000 people in two quarters if selected. You can imagine if a company our size had to train all those people in two quarters that would be a very ambitious task."***
It kind'a casts this merger in a new light, eh? ;-)
John~ |
