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Technology Stocks : Corvis Corporation (CORV)
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To: broadstbull who wrote (314)3/6/2001 10:22:57 AM
From: Jay k.  Read Replies (1) of 2772
 
From Briefing:

09:20 ET New Focus (NUFO) 21 1/4: -- Update -- Hearing from one brokerage firm source on the conference call that management specifically cited the bubble of passive component inventory at their largest customers CORV, A, and GLW as the reason for the lowered guidance; the firm's conclusion is that we have not seen the bottom in this sector

Thats the only thing I've seem today that would cause the negative reaction on CORV.
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