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


To: Maverick who wrote (9985)10/14/1999 2:26:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 21876
 
Maverick,

``Since the merger was announced, more than 300 new employees have signed on to join INS and become part of Lucent NetCare,'
said Drew. ``In addition, since the merger was announced we have achieved 100% retention of our vice presidents, 100% retention of
our top two levels of engineering management, 97% retention of our third level of engineering management, and 100% retention of our
top level of network consultants. This is a clear validation of the compelling opportunity that our merger with Lucent offers our
employees.


I have never seen such an outright lie put in print before. What, when a top level engineer leaves they recategorize them as and administrator??? It's well known in the industry (although there are no data to back this up) that INS people are leaving for KPMG and other CSCO integrators...perhaps even CSCO too - who knows? It's all I hear about in Silicon Valley. The additions to staff are likely back-fills. I guess they can get away with this since it can't be refuted. I'd love to hear from a former INS engineer or consultant....just one!

OG