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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (4121)2/8/2001 11:57:12 AM
From: Dave Gore  Read Replies (1) | Respond to of 6445
 
For those that missed this: COLUMBIA, Md., Feb 7, 2001 (BUSINESS WIRE) -- Corvis Corporation (NASDAQ:CORV),
the only company delivering intelligent all-optical networking solutions, today
announced the launch of its new class of next-generation optical products for
repeaterless terrestrial and undersea festoon regional markets. The CorWave(TM)
XL and CorWave(TM) XF products will deliver ultra-high capacity for terrestrial
(XL) and festoon (XF) links, increasing network capacity and reliability, and
cutting operational expenses for carriers.

These products are being introduced as an integral part of Corvis' strategy to
deliver a suite of new products to address the requirements of next-generation
optical services networks. Corvis is addressing service provider needs to
greatly enhance their transport and switching capacity while introducing new
levels of network and service management.

"Building on our reputation as the leader in the optical networking space, we
are proud to introduce a disruptive technology that meets the demands of the
emerging repeaterless link market segment," said Dr. David Huber, President and
CEO of Corvis. "These products complement our CorWave product suite, developed
to make carriers more competitive."

Consistent with its long-term growth strategy, Corvis is expanding the CorWave
product suite to address a broader range of applications in existing networks
and to open up new market opportunities. The offering encompasses
next-generation optical networking solutions for high capacity, all-optical
switching, ultra-long-distance and regional transport with integrated network
management.



To: Dave Gore who wrote (4121)2/8/2001 12:02:43 PM
From: Lane Hall-Witt  Read Replies (1) | Respond to of 6445
 
Dave: I like GLW a lot on valuation, too. They're trading with a P/E/G of a hair over 1 on this year's consensus EPS. That's pretty cheap -- compared, say, to "safe havens" like MRK! As far as trading goes, GLW, just like NT, has the misfortune of a large float and a listing on the NYSE, which keeps the hot money away. We'll have to watch the charts closely to see when the money starts coming back into it.