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Technology Stocks : Bookham Technology -- Ignore unavailable to you. Want to Upgrade?


To: Kayaker who wrote (123)8/9/2000 11:09:16 AM
From: Kayaker  Read Replies (2) | Respond to of 376
 
European ADRs: Techs, phones jump

By Liza Roberts, CBS MarketWatch.com
Last Update: 5:01 AM ET Aug 9, 2000 NewsWatch
Latest headlines

LONDON (CBS.MW) - Technology and telecommunications shares were the standouts Wednesday among European ADRs. Stocks like Infineon and Alacatel got a boost from earnings news and a generally bullish mood.

Bookham Technology (BKHM: news, msgs) added 0.38 euro, or about half a percent to 71.94 on volume of 1.1 million shares after the maker of high-speed chips for fiber optics beat analyst expectations with second quarter results.

The company said losses in the quarter narrowed to 4.6 million pounds from 5.6 million in the first quarter. Revenues jumped 84 percent quarter-over-quarter to 4.6 million. Bookham said the outlook for the fiber optics industry remains strong....

cbs.marketwatch.com