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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

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To: Wyätt Gwyön who wrote (3529)	11/22/2000 12:13:40 PM
From: pat mudge	Read Replies (1) of 3951

Finisar reports record results: November 22, 2000 Finisar CEO: Thrilled With 2Q Numbers;Not Seeing Slowdown Dow Jones Newswires NEW YORK -- Finisar Corp. (FNSR), a fiber optics supplier to the computer industry, sees accelerated growth and not the slowdown experienced in most of the technology sector, according to the company's chief executive, Jerry Rawls. In a CNBC interview Wednesday, Rawls said he was "thrilled with the numbers" for Finisar's second-quarter earnings. The company Tuesday reported earnings of 4 cents a share, compared with 1 cent a share a year ago and beating the Street by 1 cent. "We had an extraordinary quarter and are ahead of our own expectations," Rawls said. Amid investors' concern that the technology sector is seeing weaker revenue, Finisar's revenue growth is "accelerating," according to Rawls. "We are driven by the information explosion and the capital spending of the data centers - not by the capital spending in telecom," Rawls said.

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