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

To: D. K. G. who wrote (32)	9/22/2000 11:19:31 AM
From: Glenn Petersen	Read Replies (2) \| Respond to of 55

"Tellium Ready for an IPO?" TELM filed today. From the S-1: We design, develop and market high-speed, high-capacity, intelligent optical switching solutions that enable network service providers to quickly and cost-effectively deliver new high-speed services. We believe that traditional networking solutions do not offer service providers the means to improve their data service offerings and upgrade their infrastructure in a timely and cost-effective manner. Our line of intelligent optical switches is designed to efficiently meet increasing capacity and service demands. Our products are based on a highly reliable set of hardware combined with feature- rich software, both of which scale to enable service providers to grow and manage their networks quickly and efficiently in order to keep pace with the dynamic requirements of data services. Since the second quarter of 1999, we have focused on the development of optical switches. In September 1999, we shipped our Aurora 32 Optical Switch and, in the third quarter of 2000, we shipped our next generation Aurora Optical Switch. Our objective is to be the leading provider of intelligent optical switching solutions for global public telecommunications networks. Our target customer base includes emerging and established service providers. These include long-distance carriers, wholesale service providers, competitive local exchange carriers, Internet service providers and cable operators. We currently have three customers: Cable & Wireless Global Networks Limited, Extant, Inc. and Qwest Communications Corporation.