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Technology Stocks : New Focus, Inc. (NUFO)

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To: Kayaker who wrote (124)12/20/2000 1:33:36 PM
From: Kayaker  Read Replies (1) of 475
 
New Focus Expands Customer Base and Accelerates Manufacturing Capacity Expansion

SANTA CLARA, Calif., Dec. 19 /PRNewswire/ -- New Focus, Inc., (Nasdaq: NUFO), a leading supplier of innovative fiber optic products for next-generation optical networks under the Smart Optics for Networks(TM) brand, today announced that volume shipments to a new customer will account for a high single-digit percentage of the company's revenue in the fourth quarter ending December 31, 2000. The company also announced that it would expand its current production facilities in the People's Republic of China (PRC) in response to continuing strong demand for its products....

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