Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

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Jan 16 4:00 PM EST

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To: Johnny Canuck who wrote (33227)	7/3/2001 12:18:09 AM
From: Johnny Canuck	Read Replies (1) of 69864

In addition, its customers, Nortel Networks Corp. (NYSE/Toronto: NT - message board), WorldCom Inc. (Nasdaq: WCOM - message board), Alcatel SA (NYSE: ALA - message board; Paris: CGEP:PA), and Fujitsu Ltd. (KLS: FUJI.KL), are also struggling. Nortel, which is one of its largest customers, pre-announced poor quarterly results last month, sending the market reeling (see Nortel's Nuclear Winter ). WorldCom, another big customer, didn’t pre-announce earnings, but it has announced significant cutbacks in capital spending. Avenex’s Florence said in a phone interview that the company was seeing a slowdown in its international customers as well, indicating that sales to Alcatel and Fujitsu have also been curbed. Message 16023876

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