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

To: jim shiau who wrote (13669)	10/28/2000 12:45:51 PM
From: Ibexx	Read Replies (1) \| Respond to of 24042

Nortel target price revisions - 5 modifications since earnings reporting - NOT BAD OVERALL! stockpricetargets.com Ibexx

To: jim shiau who wrote (13669)	10/28/2000 2:30:36 PM
From: pat mudge	Respond to of 24042

At last, a voice of reason: Arnold Berman, chief technology strategist for Wit SoundView Technology, said fiber optics will be the last place telecom carriers will look to cut spending. “The fact is that for carriers right now, their biggest problem is keeping up with data traffic,” he said. “The highest return investment is the optical spending. Even in an environment in which carrier capital spending could be restricted, it’s the optical portion of the budget that as a general rule will be the last to be touched.” “This growth in fiber-optics industry is for real,” said Jay Patel, a senior analyst at the Yankee Group, a Boston-based consulting firm. He estimated that revenue for the industry would rise at a 40 to 50 percent annual rate for the next five years as demand for data traffic capacity continues to skyrocket. “There is just so much demand we cannot fulfill by any other technology,” he said. Thanks for posting the article! Pat