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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Challo Jeregy who wrote (88302)6/28/2002 5:11:32 PM
From: nsumir81  Read Replies (1) of 99280
 
TELM: 54M to 3M ! The other day I posted they were cutting 200 staff.

Sad, I must add.

They were once one of the hottest private optical switch company to watch with products already deployed (unlike some that had more concept-like products). Mostly ex-LU folks.

They delayed their IPO and did not do much when they went public as the fizz had already gone out.

I once waited for their IPO. Later I almost shorted them at 14-15 when I saw the insider selling and the slowdown in general optics biz. Shoulda coulda woulda
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