Thursday, August 28, 2008

Zhone Tech in Trouble

By Chris Thompson
Thu, Aug 28, 2008 at 8:58 AM

Hey, remember Zhone Technologies? The $500 million telecom company that was going to be the crown jewel in Oakland's technology sector? The company that bought a massive piece of publicly-owned land on the cheap, in exchange for stock options, so the city could share in its windfall profits? Well, guess who's been delisted from the NASDAQ?

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