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To: Bill Harmond who wrote (145063)	8/8/2002 8:21:51 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Sonus is down. Why don't you talk about your "big picks" after they're bust and broken? I'll talk about my broken stocks like SUNW and AMCC anytime you want. What's the matter Bill, you still got an ego problem? Sonus Networks (SONS: news, chart, profile), a maker of voice infrastructure technology, on Thursday said it would cut 85 jobs, or about 17 percent of its 492 employees, and take a third-quarter charge of $3 million. Company officials said the moves were made as part of ongoing cost-reduction efforts. Shares of Sonus on Thursday lost 2 cents to close at 75 cents.

To: Bill Harmond who wrote (145063)	8/8/2002 8:57:48 PM
From: fedhead	Read Replies (1) \| Respond to of 164684

How come no one complained about expensing options during the bull market ? I think granting rank and file employees stock options was the source of silicon valley's prosperity. I think expensing options would drastically reduce the option grants to employees and a source of the valley's uniqueness. High tech is the only industry in which the US leads the world. In our eagerness to punish others for investors own greed (No one told people to buy YHOO at 400 or Enron without looking at balance sheets) let us not choke of the innovation in high tech and thus kill the goose that lays the golden eggs. Anindo