INVESTREND RESEARCH ANNOUNCES INVESTMENT OPINION: INVESTREND ANALYST WRIGHT SAYS LOW-FLYING OPTICAL SECTOR MAY SOON RISE LIKE THE PHOENIX WITH DENSE WAVE DIVISION MULTIPLEXING BUSINESS EDITORS NOTE
NEW YORK--(BUSINESS WIRE)--Nov. 14, 2001--The formerly high-flying optical sector is now flat on its back, something that should pique the interest of value investors, says Investrend Research analyst Christopher M. Wright, Esq., naming Nortel (NYSE: NT.N- news), JDS
Uniphase (Nasdaq: JDSU.Q), Juniper Networks (Nasdaq: JNPR.Q- news ), Ciena (Nasdaq: CIEN.Q- news), Sorrento Networks (Nasdaq: FIBR.Q- news), Sycamore
Networks (Nasdaq: SCMR.Q- news), ONI Systems (Nasdaq: ONIS.Q- news), Finisar (Nasdaq: FNSR.Q- news), XO (Nasdaq: XOXO.Q- news) and Corvis (Nasdaq: CORV.Q- news) as companies to watch.
Many observers believe that telecommunications networks will leapfrog to virtually unlimited bandwidth when Dense Wave Division Multiplexing (DWDM) is fully deployed, said Wright in the full report available at investrend.com. He noted that revenues at many
of the named companies have already shown patterns of lesser declines, and in some cases, have increased.
Christopher M. Wright, Esq., is an independent writer and analyst based in the Washington, D.C. area. He has produced company reports for a private investment client. His writing clients have included MCI and Equant, the global subsidiary of France Telecom. He has also
published for the National Association of Purchasing Management,
Boardroom Reports and the Institute of Real Estate Management. Mr.
Wright has passed all three levels of the CFA Program.
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