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Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?

To: JimieA who wrote (9515)	8/26/2000 12:48:14 PM
From: James Fulop	Respond to of 12623

>>Is the biggest problem with losing the Chief Scientist not so much is losing him, but possibly losing a number of other engineers when he gets a team together to develop a start-up optical firm?<< Exactly, which is why I will be monitoring the backgrounds of not only the people he hires in his new ventures, but also if any other startups are hiring (more than the usual number, which I believe is fairly low, of) Ciena engineers. It may be difficult but I am going to give it a try.... I posted the following this morning over on Yahoo: >>If this had been the CTO, Steve Alexander, who is slated to give the opening presentation at the NFOEC this Monday, I would have been concerned about the timing. (And what the heck is the difference between Chief Scientist and CTO? I seem to remember both terms being used for describing Huber's job at Ciena in the past...) But it is not, and Ciena is like most corporations-one individual may be important but is not indispensable to the organization. The departure looks professional to me (in contrast to the messy Huber departure) and almost looks as though somebody put a lot of thought into the timing, with the CTO gaining center stage (and thereby taking any market sting out of the departure) at this upcoming conference. I suspect there are those who are going to make a big deal out of this, but I also suspect those people are "market players" who have never worked at large corporations and therefore do not understand the inherent momentum of a corporation that continues regardless of the movement of the individuals working there. (And I believe, in contrast to these "market players", the institutional holders of CIEN will be very familiar with this and will appreciate the "smooth transition" described in the Lightreading article.) Just my two cents....<< As for GST, it appears to be a candidate, but it is very hard to confirm....