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Technology Stocks : New Focus, Inc. (NUFO)

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To: HiSpeed who started this subject1/12/2001 5:22:36 PM
From: nick cash  Read Replies (4) of 475
 
for anyone looking for the impetus for the late fall today, this couldn't have helped:

New Focus (NUFO) 37 27/32 -1 3/16: Thomas Weisel initiates coverage with a MKT PERFORM; says NUFO depends on circulators, polarization beam combiners and telecom test and measurement lasers for its telecom sales. While company is #1 or #2 in these products, the addressable market remains small.

they don't exactlly have their ear to the ground insofar as NUFO's product pipeline. or maybe, they view the market for NUFO's upcoming passive components and lasers as small also.

anyway, thought i would share since i was scratching my head about the decline til i found this.

all information contained herein is for informational purposes only and does not constitute a solicitation or an offer to sell advisory services. equities noted herein are referenced in the context of the message and are not necessarily representative of any portfolio. both myself personally, and clients of my firm, currently hold long positions in NUFO.

and, of course, all is clearly imo only........nick
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