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Strategies & Market Trends : The Thread

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To: stan s. who started this subject7/25/2000 2:54:25 PM
From: johnsto1   of 49816
 
NOPT...North East Optics
earnings exceeds/up 236%
biz.yahoo.com

Vin Bisceglia, NEON's Chairman and CEO, said: ``Our results for the second quarter of 2000 exceeded our expectations and we generated $20.8 million in new orders. Our accomplishments during the quarter and as we enter the third quarter are significant for the Company's growth. In particular, we are currently deploying Nortel Networks' next-generation optical networking solution for the latest optical wavelength technology on our network, which will significantly increase network capacity. NEON's managed wavelength services will first be available for lease on NEON's physically diverse corridor between Boston and New York starting in September. In the fourth quarter, NEON's New York - Washington, D.C. corridor will also be physically diverse and Lambda ready.''
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