Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : TranSwitch Corp: Will they get Zenith Business? -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (538)	11/8/2000 1:13:36 PM
From: The Ox	Read Replies (1) \| Respond to of 669

But several companies caught in the Wall Street cross-fire defended themselves by saying they were unaffected by the build-up. "We don't sell into the markets affected by the Cisco build-up," TranSwitch Corp. (NASDAQ: TXCC) Chief Financial Officer Mike Stauff told Reuters. "Cisco isn't even in our top five customers," he said. "We work very closely with our customers and contract manufacturers and we just don't see any inventory build-up." Still, shares of the telecommunications equipment chip company lost 19 percent to $46-15/16. TranSwitch's top customers are Cisco rivals such as Nortel Networks, Lucent Technologies, Ericsson and Tellabs.