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Technology Stocks : New Focus, Inc. (NUFO)
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To: Jim Lamb who wrote (312)3/5/2001 5:20:23 PM
From: RMP  Read Replies (1) of 475
 
NUFO doesn't seem to be doing anything different that other tech companies. Layoffs are prudent and will help save the company money.

AH trading may result in an exaggeration to the downside. Order cancellations and push-outs may only be a short term issue until inventory issues get resolved unless there is something fundamentally wrong.

ps. I thought I just heard Pat B on cnbc saying that they will let go 80% in stead of 8%of their workforce.
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