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Technology Stocks : New Focus, Inc. (NUFO) -- Ignore unavailable to you. Want to Upgrade?


To: Kayaker who wrote (202)1/31/2001 1:34:10 PM
From: Kayaker  Respond to of 475
 
New Focus 4th-Qtr Loss Narrows, Raises 2001 Estimates (Update2)
By Ambre Brown Morley

Santa Clara, California, Jan. 31 (Bloomberg) -- New Focus Inc. shares rose as much as 27 percent after the maker of fiber- optic products said its fourth-quarter loss narrowed and it increased its sales estimates for 2001....

"They take the trophy this quarter for being the fastest growing optics company out there," said CIBC World Markets analyst Jim Jungjohann who has a "buy" rating on the stock. "They're doing a great job in executing and they're really starting to diversify their customer base."....

quote.bloomberg.com