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Posted: 6/20/2002 1:30:53 PM EDT
[#1]
Sorry to hear it. I can sympathize, believe me.
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Posted: 6/20/2002 1:33:58 PM EDT
[#2]
Is that from MCI Worldcom?
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Posted: 6/20/2002 1:38:16 PM EDT
[#3]
Damn, what took you so long?
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Posted: 6/20/2002 2:01:12 PM EDT
[#4]
Quoted: Is that from MCI Worldcom? Yes ma'am. Wcom. |
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Posted: 6/20/2002 2:09:56 PM EDT
[#5]
My brother was let go from Verizon last year. I think he's given up on the telecom industry altogether.
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Posted: 6/20/2002 2:41:49 PM EDT
[#6]
Damn, what took you so long? I agree. You lasted a long time - I remember hearing about Nortel laying off thousands from Feb 2001. I got laid off July later that year. I worked for a company that did contract work for Nortel. I worked for WCom before that, Richardson TX location. |
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Posted: 6/20/2002 2:49:11 PM EDT
[#7]
Telecom, unfortunately, is dead. I was downsized last August by a startup into the "last mile" fiberop biz. Good product but noone is buying. Been doing freelance design (pcbs) since and even that is on and off. Good luck with your new endeavors. Stepped-init |
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Posted: 6/20/2002 2:55:45 PM EDT
[#8]
Laid off from WCG as a Sales Engineer. Last mile and Colo. SME.
What is your background? I'm working for a wireless tank monitoring company. Telemetry. Pay is a lot less. Small company pains etc. But I have a job. Hence I can buy ammo. Generation U (nemployed) |
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Posted: 6/20/2002 3:07:07 PM EDT
[#9]
I've been really lucky! I "got myself laid off" from MCI just before the WC buyout. They were going to lay off another guy, but I volunteered to take the rif for him (knowing I already had another job lined up). I took my severence package and ran straight to AT&T. I'm still there, though I just made it through a layoff back in January. Right now things look OK, business is slowly picking back up. Only problem is, since the last layoff, I lost most of my guys so I have to do a lot of the work they used to do. It makes me feel guilty knowing that there was work for them, but the decisions were not made by me, so what can I do?
I'm just gonna hang on and try to ride out the soft market times..... |
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Posted: 6/20/2002 3:07:35 PM EDT
[#10]
Sorry to hear that, big business sucks. I have been with IBM for almost 25 years, When watson was around they had something called respect for the individual and full employment. That went out with core memory. Now its do what ever it takes to post a profit next quarter, so they layoff, improves the bottom line but does not fix the problems, band aid economics. the workers get screwed and the ceos get richer.
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Posted: 6/21/2002 5:54:21 PM EDT
[#11]
What did you do at Worldcom? My company (CenturyTel) is still hiring for certain positions. If you let me know what your expertise is in, I can look into job openings for you.
By the way, contrary to popular opinion, telecom is NOT dead. Severly crippled, but not dead. |
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Posted: 6/21/2002 6:07:14 PM EDT
[#12]
CenturyTel?
Have you got some of the NW Arkansas Mkt? CLEC or IXC? |
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Posted: 6/21/2002 6:32:50 PM EDT
[#13]
Would anyone like to start a WCOM death pool?
I'm taking August 14th. [}:)] |
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Posted: 6/21/2002 6:47:06 PM EDT
[#14]
WorldCom Death Pool? NOT.
WorldCom Is UUNET. UUNET is the internet. It will never happen. Yes, times are tough. Yes the Telecom stocks are Weak. But If WorldCom Goes Belly up, so does the Internet- they carry 70%+ of World Internet Traffic! The Feds would Bail it out before OPs would Cease. Here is a scenario of WorldCom Collapse: Internet Ceases to Operate, World Commerce Ceases, World Markets Collapse, International Depression spawns International Aggressions, WWIII erupts, followed by Armedgeddon. Dramatic? Yep. But not a joke. No way the Feds will allow WorldCom to collapse. |
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Posted: 6/21/2002 6:56:46 PM EDT
[#15]
I do in-building radio coverage systems for the big wireless guys, ATTWS, Nextel, Sprint, etc.
This is the best year I've ever had. Sure, they're all looking for a bargain, but they ain't dead yet. |
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Posted: 6/21/2002 7:53:26 PM EDT
[#16]
UUNet is not the Internet. They are the goliath of the backbone providers and the majority of ISP's out there have at least one of their connections. I say Bernie did a fine job of acquiring companies but never did anything about integrating them. So I say WorldComm will file for bancruptcy protection within 600 days. One of the big RBOCs will come in and buy up the parts and pieces for pennies on the dollar. SBC would be a good choice for the UUnet backbone and the LD traffic.
US WORST and Qwest = Qwest Cincinnati Bell and IXC = Broadwing AT&T Might suprise us. I know I worked on some deals with European Carriers to acquire big chunks of US fiber. I don't think the regulators will let them buy WCOMM out. |
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Posted: 6/21/2002 8:03:13 PM EDT
[#17]
Quoted: I say WorldComm will file for bancruptcy protection within 600 days. One of the big RBOCs will come in and buy up the parts and pieces for pennies on the dollar. SBC would be a good choice for the UUnet backbone and the LD traffic. US WORST and Qwest = Qwest Cincinnati Bell and IXC = Broadwing AT&T Might suprise us. I know I worked on some deals with European Carriers to acquire big chunks of US fiber. I don't think the regulators will let them buy WCOMM out. Why would the regulators step in now?? They let foreign companies swallow-up a majority of US telecom hardware manufacturers in the 1990's. And those US manufacturers are being gutted and shut-down at an alarming rate. New product design is at a standstill at most US manufacturers although there is still life in wireless hardware. The plethora of startup optical router companies are running out of capital and the new metro optics are headed the same way. I've been around since the days of the RadioPhone ruling and I've never seen so many major players with so few new designs on the boards. Design work is being farmed back to France or wherever and US engineering strength is being destroyed. |
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Posted: 6/21/2002 9:50:14 PM EDT
[#18]
And to think Juniper Networks was once considered the future Cisco killer.
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Posted: 6/21/2002 10:19:47 PM EDT
[#19]
I think I heard something on the news that Adelphia is expected to file for bankruptcy on monday.
Patriots here we come! |
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Posted: 6/21/2002 10:54:15 PM EDT
[#20]
I was doing testing and turnup on LD transmission equipment, mostly Nortel OC-48, 192's, and MOR/MOR+'s, with a hint of Fuji and a dash of Siemens. Before I got axed, I was just starting to get into BBDXC's(Titan 5500) and learning about how the switches(DMS 250) work.
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Posted: 6/22/2002 6:08:13 AM EDT
[#21]
Quoted: learning about how the switches(DMS 250) work. |
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Posted: 6/22/2002 12:08:11 PM EDT
[#22]
Yeah, the switch techs are a real secretive bunch, but that's job security. It was neat though, since I never got to work on that equipment. Oh well...
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Posted: 6/22/2002 6:10:49 PM EDT
[#23]
The Nortel switches (DMS 100, 250, 500) are the most complicated, and the most versatile. I have also worked on a DEX 600E Megahub which was a lot easier to learn. Larry's right - the Nortel switches are so complex that it's nearly impossible to know everything!
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Posted: 6/22/2002 7:56:31 PM EDT
[#24]
NuVox is a nortel shop. You might check them out.
The feds won't let a foriegn company own our domestic comm infrastructure for the pure simple reason of national security. However you can argue that many of the Engineers that I used to work with were from countries that would like to see your momma and you die. The were here on work VISA's So the already know what's going on. After Sept. 11th I worked on an OC-3 network for the DOD. I had all of the origination and termination end points on my desk. It made me kind of nervous since they had physical addresses and not just end offices. Many of our good friends from the middle east with said VISA's were hanging around. Telecomm trivia 2001 Weston, 1 Wilshire, 60 Hudson 111 8th ave., 400 akard. What do these buildings have in common? |
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Posted: 6/23/2002 2:31:33 PM EDT
[#25]
They're all in NYC?
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Posted: 6/23/2002 2:36:31 PM EDT
[#26]
Quoted: Telecomm trivia 2001 Weston, 1 Wilshire, 60 Hudson 111 8th ave., 400 akard. What do these buildings have in common? Akard Street in Dallas is one of the five biggest switches in ths US?? Heard there are four or five of them that handle all long line traffic but that's a guess. |
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Posted: 6/23/2002 2:41:53 PM EDT
[#27]
Quoted: Telecomm trivia 2001 Weston, 1 Wilshire, 60 Hudson 111 8th ave., 400 akard. What do these buildings have in common? I know 1 Wilshire and 60 Hudson are telecom condos because I worked in both of them. |
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Posted: 6/23/2002 2:43:33 PM EDT
[#28]
I work for Lucent. I've managed to survive the waves of lay-offs, but it looks like the next one is going to hit me in the next few weeks.
I will join the ranks of the unemployed. |
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Posted: 6/23/2002 2:52:18 PM EDT
[#29]
Quoted: Laid off from WCG as a Sales Engineer. Last mile and Colo. SME. What is your background? I'm working for a wireless tank monitoring company. Telemetry. Pay is a lot less. Small company pains etc. But I have a job. Hence I can buy ammo. Generation U (nemployed) Sales Engineer, now that's an oxymoron. [:)] |
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Posted: 6/23/2002 2:59:07 PM EDT
[#30]
Quoted: Quoted: Telecomm trivia 2001 Weston, 1 Wilshire, 60 Hudson 111 8th ave., 400 akard. What do these buildings have in common? I know 1 Wilshire and 60 Hudson are telecom condos because I worked in both of them. Those, and many more such as 70 Courtland in Atlanta, should really be on guard, especially with 4 July coming up. Can you imagine the chaos if some of those get taken out. |
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Posted: 6/24/2002 7:03:29 AM EDT
[#31]
Quoted: WorldCom Death Pool? NOT. WorldCom Is UUNET. UUNET is the internet. It will never happen. Yes, times are tough. Yes the Telecom stocks are Weak. But If WorldCom Goes Belly up, so does the Internet- they carry 70%+ of World Internet Traffic! The Feds would Bail it out before OPs would Cease. Here is a scenario of WorldCom Collapse: Internet Ceases to Operate, World Commerce Ceases, World Markets Collapse, International Depression spawns International Aggressions, WWIII erupts, followed by Armedgeddon. Dramatic? Yep. But not a joke. No way the Feds will allow WorldCom to collapse. Certainly, a WorldCom collapse would be messy. But look at what the Feds have done already: First, they nixed the acquisition of Sprint. Bernie Ebbers knew that WorldCom had to grow to survive and he thought that it would be obvious to the regulators. Oops. Second, they've let the local Bell companies move into the long distance market. WorldCom can't compete with them. Look at what's happening to WCOM's stock today -- the investors are cutting and running. |
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Posted: 6/24/2002 8:47:03 AM EDT
[#32]
I do think WCOM could go bust. They wouldn't close the doors right away, but other companies would snatch up the existing business units at bargain basement prices.
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Posted: 6/25/2002 4:28:31 PM EDT
[#33]
The stuff just hit the fan:
"Massive fraud alleged at WorldCom" [url]http://www.msnbc.com/news/772330.asp?0cm=c40[/url] The stock is down to around $0.20/share and the rest of the market is likely to take a serious dip tomorrow. This is going to have a nasty ripple effect on the whole economy as investors lose confidence in the integrity of the markets. |
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Posted: 6/25/2002 4:40:45 PM EDT
[#34]
Sounds like AT&T may be picking up on some low cost infrastructure.
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