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Technology Stocks : SDLI - JDSU transition

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To: Sultan who wrote (315)	2/20/2001 2:08:13 PM
From: pat mudge	Read Replies (1) of 3294

Thanks for the link. ``I think a lot of it has to do with a shift that may be going on in the fiber optics markets,'' said Pat Chiesalo, optical systems components analyst with Merrill Lynch. ``I think people are thinking that the good news last week from Ciena will have an impact on Alliance, as Ciena is their customer.'' ``But if you ask me, today's gains are not sustainable,'' he added. ``At the end of the day, Nortel is more of a market indicator than Ciena.'' The analyst was referring to industry leader Nortel Networks Corp. Late last week, Nortel (Toronto:NT.TO - news) (NYSE:NT - news) shares fell sharply after the company reduced its earnings outlook. Well, if you ask me, both companies are indicators: NT for Sonet and CIEN for DWDM. You can't dismiss either. Pat

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