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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (8449)	4/5/2000 12:27:00 AM
From: LBstocks	Respond to of 24042

N.Y. Water Mains To Quench Thirst For Bandwidth? By Steven Bonisteel, Newsbytes NEW YORK, NEW YORK, U.S.A., 04 Apr 2000, 5:02 PM CST The City of New York is seeking bids from companies capable of turning abandoned water mains beneath the streets into conduits for fiber-optic cables. The move is part of a drive announced by Mayor Rudolph Giuliani to bring high-speed networking to every borough in the city. "The Information Revolution has created an incredible demand for an infrastructure to support the growth of New Media industries," Giuliani said during a press conference Monday. "Fiber-optic telecommunications lines are the veins of this new industry, but existing conduits under the streets are quickly being filled up and building new ones is expensive and disruptive to traffic and pre- existing utilities." "This unused water main has the potential to accommodate the almost insatiable appetite for fiber optic lines so that New York City can secure its place at the forefront of the telecommunications and new media industries," he said. "It is fitting that a network built at the turn of the last century will spur the growth of New York City in the 21st." The mayor unveiled the city's "Digital NYC: Wired to the World" program, which aims to help Internet start-ups locate affordable, pre-wired office space in the city. "New York City's high-tech community has exploded, employing more than 138,000 workers and generating more than $9 billion in revenue," Giuliani said. But, currently, much of New York's "dot- com" explosion has centered on the area now known as Silicon Alley, which shares its neighborhood with the garment industry. The city said its Department of Environmental Protection has targeted some 175 miles of decommissioned water main that could be used to carry fiber-optic lines. The system was constructed in the early 1900s to supply high- pressure water to fight fires, the city said. However, fire trucks capable of generating pressure for fire hoses made the system obsolete. The city said 125 miles of pipe are located in Manhattan and 50 miles are in Brooklyn. It estimated that the 12- to 16-inch- wide pipes can hold 36 times the cable of a standard four-inch-wide conduit. The city expects to receive proposals for wiring the former water mains by May 15. Reported by Newsbytes.com, newsbytes.com

To: Boplicity who wrote (8449)	4/5/2000 1:53:00 AM
From: pat mudge	Respond to of 24042

OT, but sort of interesting for those who were discussing Ciena's history the other day: lightreading.com

To: Boplicity who wrote (8449)	4/5/2000 2:34:00 PM
From: Tecinvestor	Read Replies (1) \| Respond to of 24042

JDSU Reiterated "Strong Buy" at SunTrust Equitable 4/5/00 5:29:00 AM Source: Bloomberg News URL: cnetinvestor.com Princeton, New Jersey, April 5 (Bloomberg Data) -- JDS Uniphase Corp. (JDSU US) was reiterated 'strong buy' by analyst Robert V Tango at SunTrust Equitable Securities. The price target range is $140-to-$145 per share. Also JDSU Reiterated "Buy" at WR Hambrecht 4/5/00 5:46:00 AM Source: Bloomberg News URL: cnetinvestor.com Princeton, New Jersey, April 5 (Bloomberg Data) -- JDS Uniphase Corp. (JDSU US) was reiterated 'buy' by analyst Jim Liang at WR Hambrecht + Co.