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Technology Stocks : New Focus, Inc. (NUFO)

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To: louisa2 who wrote (364)4/2/2001 4:46:55 PM
From: Kayaker   of 475
 
New Focus Announces Organizational Change and Reaffirms First Quarter Net Revenue Guidance

Paul G. Smith, Vice President and General Manager, to Depart

SAN JOSE, Calif., April 2 /PRNewswire/ -- New Focus, Inc., (Nasdaq: NUFO - news), a leading supplier of innovative fiber optic products for next-generation optical networks under the Smart Optics for Networks(TM) brand, today announced the departure of Paul G. Smith, vice president and general manager for a portion of the company's telecom business. Smith is leaving to become president and chief executive officer of a privately held, venture-backed telecom systems company in San Jose. The company also indicated that net revenue for the first quarter ended April 1, 2001 should fall within the $38-41 million range announced in early March....

biz.yahoo.com
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