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Technology Stocks : Corning Incorporated (GLW) -- Ignore unavailable to you. Want to Upgrade?

To: ALTERN8 who wrote (870)	9/28/2000 7:13:57 PM
From: BDR	Respond to of 2260

Corning Expands Components Empire lightreading.com While executives stressed the gains from this buy, it's also clear that Corning will have some work to do on its end. For one thing, Corning admitted in response to analysts' questions today that Pirelli's components division is not profitable. It has just two customers, Cisco and Pirelli, which plan to remain on the roster. And its technology isn't up to speed in some areas. For example, the power levels in Pirelli's pump lasers are slightly below the levels required by today's market, say Corning officials. It will take about 12 months to bring them up to speed. Also, the lithium niobate modulators in Pirelli's line support 10-Gbit/s data rates, and Corning says it's going to be "awhile" before 40-Gbit/s rates can be supported. Meantime, archrival Lucent Technologies Inc. (NYSE: LU) reportedly demonstrated a 40-Gbit/s lithium niobate receiver at a recent conference (see Lucent Demos 40-Gig Optical Receiver ).