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To: Kenneth E. Phillipps who wrote (14723)5/11/2000 4:13:00 PM
From: KYA27  Read Replies (1) | Respond to of 21876
 
Kenneth...maybe you can say the same for NT..Nortel Loses Optoelectronics Director to Startup

By Susan Taylor OTTAWA (Reuters) - Nortel Networks Corp. (Toronto:NT.TO -
news)(NYSE:NT - news), the world's No. 2 telecommunications equipment supplier,
confirmed on Thursday that John Pittman, its optoelectronics managing director, is leaving the
company.

Pittman will take over on May 17 as chief executive of Princeton Lightwave, a startup company
based in Princeton, N.J., that develops high-powered lasers, according to Light Reading, an
optical networking industry Web site. He was previously based in Nortel's Paignton, England,
optics operation.

``It's not crippling, but it is a blow to Nortel,'' said a telecommunications analyst with a major
Canadian brokerage who asked not to be named.



To: Kenneth E. Phillipps who wrote (14723)5/11/2000 4:37:00 PM
From: Georgeb  Read Replies (1) | Respond to of 21876
 
He went to a STARTUP (you can spell that "F.A.T. S.T.O.C.K. O.P.T.I.O.N.S.")

He left I'm sure to get rich.



To: Kenneth E. Phillipps who wrote (14723)5/11/2000 7:27:00 PM
From: Techplayer  Respond to of 21876
 
Ken, No., imo. The fact is that because these guys have optical technology on their resume, they are in demand and that they will be enticed with 1-3% of a start-up. It does not mean that they will perform. I know a few right now from NT looking for the same thing out of Billerica. They just lack the carrier and optical experience that is in demand. tp