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To: Jack Kunkle who wrote (2949)10/11/2000 11:27:48 PM
From: pat mudge  Respond to of 3951
 
God bless GLW!! You gotta love those guys!

With AMD coming in strong, as well as AMCC, perhaps we'll see an end to the carnage.

biz.yahoo.com
In sharp contrast with the weak results recently reported by Lucent (NYSE: LU - news), Applied Micro's quarterly growth is proof that the demand for optical-networking equipment is still very robust. The company reported sequential revenue growth in the neighborhood of 30% for the second consecutive quarter. Moreover, this growth was driven not only by the firm's top customer, Nortel (NYSE: NT - news), but also a whole host of other customers. The increasing diversity of Applied Micro's product and customer base is a definite plus. Also important is the high growth in sales of equipment at high data rate speeds, an area where Lucent has been weakest but Applied Micro has remained strong.

biz.yahoo.com

Advanced Micro Devices (NYSE: AMD - news) on Wednesday reported third-quarter earnings of $0.64 per share, excluding one- time special items, beating First Call consensus estimates of $0.62 per share. AMD also delivered flat top-line growth in the quarter, which was not a surprise given the firm's sale of its communication division.

Thanks for posting the great GLW news. That's the first I'd seen it.

Pat