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Technology Stocks : Verilink, long term hold? -- Ignore unavailable to you. Want to Upgrade?

To: Fiddler who wrote (517)	6/8/2000 1:02:00 PM
From: Daniel Shaffer	Read Replies (1) \| Respond to of 522

VRKL poised for major growth? I am really intrigued by VRKL's new CFO (see story below). After what Ronald Sibold did at SCI, he must have had some very persuasive reasons to make the move to VRLK. Maybe they are anticipating the kind of expansion that SCI undertook. If they see the need for someone of Sibold's calibre, they must be fairly bullish. Also, I would imagine they offered major stock options to Sibold as part of his compensation package, which means that he is probably bullish as well on the basis of what they showed him. VRLK : VERILINK CORP (NASDAQ) Verilink Appoints Veteran Banking & Investor Relations CFO Latest Selection Rounds Out Strong Management Team HUNTSVILLE, Ala.--(BUSINESS WIRE)--June 6, 2000--Verilink Corporation (NASDAQ: VRLK) today announced that Ronald Sibold has been named to the position of chief financial officer, the company's latest addition to their newly restructured and strengthened executive management team. Mr. Sibold joins Verilink after 7 years with SCI Systems, Inc. (NYSE: SCI) as the company's treasurer and principal Wall Street analyst liaison. During his tenure at SCI, Mr. Sibold was responsible for securing over $3 billion in capital to finance SCI's rapid revenue growth from $1 billion to over $8 billion. He drove Wall Street awareness of the company by improving relationships in the investment community and greatly increasing financial analyst coverage. His multinational financial responsibilities at SCI involved 37 plants in 17 countries. Mr. Sibold will report to CEO Graham Pattison and replaces John Batty, Verilink's CFO prior to the transition of the company from San Jose, Calif. to Huntsville, Ala.