The Telecom Insiders Reach for the Parachutes : LUSENET : TimeBomb 2000 (Y2000) : One Thread

Oh, to be a subscriber to The This is one of the headlines on their Premium (subscription) area today:

Geronimo! Telecom Insiders Reach for the Parachutes, 9/8/99 3:55 PM ET

Executives at both telecom equipment and telecom services companies are bailing out as the stocks lose altitude... (More)

Tantalizing, neh?

-- Mac (sneak@lurk.hid), September 08, 1999


Mac, I am a member and just read the article. Some points of interest:

In spite of a great industry with a good future and option pay there are some "yellow flags".

9 insiders $100,000,000 since january.(ATT)

Also selling are Advanced Fibre Comm-ADC Technologies-Powerwave comm. insiders. There is probably information available elsewhere.

Also Audiovox insiders selling recently. Unusual

I would like to say that I have been a member of the for almost 3 years and I am a satisfied customer. If I am going to use some of the info, they deserve a plug.

-- Mike Lang (, September 08, 1999.

That might explain why a former AT&T VP is going to ride out the rollover at his new Montana complex with all his family. Of course, I thought he just really liked Montana.

You never know who'll you'll meet in a wedding party! A doomer, even.

Funny, though. He said Y2K was not going to be a big deal. I wonder why...

-- big shot (jumping@life.boat), September 08, 1999.

Friend of mine talked to a VP at ATT closely assoc. with their Y2K project. He says to her, what would happen to your 911 services if you had gridlock in LA due to Y2K traffic light probs. Says she, "why i never heard that....where'd you hear that...."

LA ain't my kinda town..there ain't no gold and ....

-- Gordon (, September 08, 1999.

I thought Maria said telecos Get It? BWHAHAHAHAHHAHAHHAHAH

-- a (a@a.a), September 08, 1999.

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