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Strategies & Market Trends : The Amateur Traders Corner
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To: Tom Hua who wrote (6797)3/4/2001 10:46:59 PM
From: allen menglin chen  Read Replies (1) of 19633
 
<<Many of Cisco's optical products, too, have seen less than spectacular sales. A few years ago, CEO John Chambers preached about the coming optical networks and how the machinery to run them would come from Cisco. Instead, upstarts like Corvis (CORV ) and Ciena (CIEN ) have taken leading positions in that market.

Nowadays, you don't hear Cisco execs talking up the optical space. "The buzz is that they've become disenchanted with the carrier-optics market," says Robertson Stephens analyst Paul Johnson. "I don't expect to see them make any more purchases in that area." >>

businessweek.com
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