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Technology Stocks : SDLI - JDSU transition -- Ignore unavailable to you. Want to Upgrade?

To: 16yearcycle who wrote (558)3/5/2001 6:27:12 PM
From: pat mudge  Read Replies (2) | Respond to of 3294
 
thestreet.com

After-hours not look good.

Had the co. not guided so high, it wouldn't look bad. Now they're set to grow 2 to 2 1/2X instead of 3.

Pat



To: 16yearcycle who wrote (558)3/5/2001 11:56:46 PM
From: pass pass  Read Replies (1) | Respond to of 3294
 
When AMCC warned, it was first halted, then opened at $22, closed at $28, up 10% higher than previous day. Hopefully NUFO has all the bad news priced in. We'll see where it closes tomorrow.

I start to wonder if there is indeed an oversupply of fiber optics and bandwidth. Just like PCs, applications are yet to be developed to take full advantage of higher CPU speed.


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