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Technology Stocks : JDS Uniphase (JDSU)

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To: ColtonGang who wrote (19838)3/29/2001 3:04:58 PM
From: ColtonGang  Read Replies (2) of 24042
 
Bankrupcy now.........NEW YORK (Reuters) - NorthPoint Communications Inc. (Nasdaq:NPNTQ - news), the bankrupt high-speed Internet access provider, said it has failed to raise cash and must shut down its network, leaving up to 100,000 business customers without Internet access.

NorthPoint was ``forced to shut down its DSL (digital subscriber line) network after efforts to secure funding for continued, interim operations failed .... NorthPoint advises its customers to expect network outages and termination of DSL services immediately,'' the company said in a statement released late Wednesday night.
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