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Technology Stocks : Stratos Lightwave, Inc.

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To: Tom Hua who wrote (236)7/18/2000 11:01:43 PM
From: Secret_Agent_Man  Read Replies (1) of 393
 
Stratos Lightwave Shares Are Undervalued, Business Week Says
By Ashley Gross

Chicago, July 18 (Bloomberg) -- Stratos Lightwave Inc.
shares are undervalued compared with competitors in
the fiber-optic equipment business because Stratos is
profitable, Business Week reported in its ``Inside Wall
Street'' column online. Stratos shares could hit 100 in
12 months based on the company's products and
share movements of other
telecommunications-equipment makers, said an
unidentified investment manager in San Francisco.
Stratos could earn 12 cents a share this year and 22
cents next year, while competitors such as Avanex
Corp., New Focus Inc. and Sonus Networks Inc. still
aren't making money, the magazine said, citing an
unidentified analyst.

Stratos shares, which have risen 65 percent since its
initial public offering, fell 1/8 to 34 9/16 today.

quote.bloomberg.com
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