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Technology Stocks : Corvis (CORV) -- Ignore unavailable to you. Want to Upgrade?

To: James Fulop who wrote (37)	1/9/2000 9:27:00 AM
From: Techplayer	Read Replies (1) \| Respond to of 325

James, Unless someone ponies up to the bar with 22 billion or so, Corvis will IPO, in my opinion. Brian

To: James Fulop who wrote (37)	3/17/2000 7:25:00 AM
From: James Fulop	Respond to of 325

>>Perhaps the best known of this year's crop is Corvis, a Columbia, Md.-based maker of optical networking switches. One of the company's most important assets is the track record of its founder, David Huber. Earlier this decade, Huber founded Ciena (Nasdaq: CIEN - news), which pioneered a new optical technology known as wavelength division multiplexing (WDM) and used in nearly every telecommunications network. Huber says that Corvis is the first equipment vendor whose switches are entirely optical, with no electronic components. That makes them faster and easier to maintain than current offerings from Ciena, Cisco Systems (Nasdaq: CSCO - news), Nortel Networks (NYSE: NT - news) and Lucent Technologies (NYSE: LU - news). Corvis made headlines late last year when Cisco, one of the earliest Corvis investors, considered buying the company before it decided to instead buy the WDM unit of Pirelli. Corvis promptly went out and raised another huge chunk of money, bringing its total financing to $300 million. ``We took our last venture round to scale our manufacturing,' says Huber, who declined to provide specifics on when the company plans to go public. Ironically, some analysts think Corvis' technology may be too far ahead of its market, but with several service providers already testing its equipment, the company is likely to end up with either a huge IPO or a lucrative buyout.<< biz.yahoo.com