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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: Greg h2o who wrote (35886)9/28/2001 6:09:47 PM
From: Sector Investor  Read Replies (2) of 42804
 
Terabeam scales back.

<<TeraBeam Corp. says it is laying off 90 employees, or 20 percent of its 450-person staff, due to a cutback in expansion plans.>>

<< It had planned to be in six cities by the end of the year but has now cut that number to four. Following a March product launch in Seattle, where company headquarters are situated, Terabeam is now providing service in Denver and Dallas and will soon announce the fourth city, says El.>>

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