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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Techplayer who wrote (9971)	10/12/1999 5:41:00 PM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 21876

Brian - I was not referring to isssues of management integration but product integration. Has Ascend software and hardware and Nexabit products been integrated with LU products? This will take some time. The street has to see product announcements showing this has been done. $2billion in contracts is not impressive for a company the size of Lucent. I think the street wants to see some billion dollar contracts and lots of them. The most impressive win for Lucent was the softswitch deal with L3. They need more like that one to show they are on the cutting edge. I'm not saying they are not but, to seize the momentum, they need more product annoucements and more big wins. Ken

To: Techplayer who wrote (9971)	10/13/1999 11:55:00 AM
From: MStonek	Respond to of 21876

<The beauty of the ASND deal is that all of the ASND upper management is gone.> In case anybody wants to know what's our old friend Mory up to these days, here it is... --------------------------------------------------------------- Ex-Ascend Honchos Launch Zhone While Lucent Technologies may have acquired Ascend Communications' extensive product line and impressive customer base with its $24 billion purchase of the company earlier this year, the telecommunications giant could not secure the services of the key executives responsible for much of Ascend's success. Those executives - Ascend chief executive Mory Ejabat, chief technology officer Jeanette Symons and chief financial officer Robert Dahl - have teamed up again at Zhone Technologies, a recently formed start-up based in Oakland, Calif. According to information found on the company's Web site, Zhone will focus on delivering products and software for the construction of next-generation networks built to deliver voice, data and video traffic. The trio of executives will assume the same roles at the start-up as they held at Ascend, according to Zhone's Web site. Other than hanging out its shingle in cyberspace earlier this month, little is known about the new company. The Wall Street Journal reported this week that the company plans to raise more than $500 million in early-round funding, an incredible figure even by today's standards. With that kind of seeding, Zhone could conceivably assemble its initial product line through acquisition, a strategy that also defies the typical start-up profile. Officials at Zhone could not be reached to discuss the company's plans.