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

To: Andy Yamaguchi who wrote (327)	3/8/2001 11:18:57 PM
From: pass pass	Respond to of 475

The situation is now evaluated on week-to-week basis. Check out today's announcement by BRCD. I believe NUFO didn't know what was coming until the last moment.

To: Andy Yamaguchi who wrote (327)	3/9/2001 4:16:12 PM
From: y2kate	Respond to of 475

Andy, Reading over your posts, it's amazing how prescient you have been. I agree with you- the complete lack of integrity these companies have displayed has been incredibly eye-opening, not to mention their contempt for the truth. I'll never look at any of this quite the same way again. What do you think is coming in the next several months for these companies? Thanks, Kate

To: Andy Yamaguchi who wrote (327)	3/14/2001 7:11:32 PM
From: mact	Read Replies (1) \| Respond to of 475

the SEC agrees with you andy...btw, you were partly correct when u bashed avnx when it first went public...avnx still has excellent technology, but nobody cares about that right now...abit amusing that the one company u hated so much was practically the only company to fess up to the slowdown. Weiss & Yourman Announces Securities Class Action Lawsuit Against New Focus LOS ANGELES, Mar 14, 2001 /PRNewswire via COMTEX/ -- Weiss & Yourman announced that it has filed a class action complaint on behalf of all persons who acquired New Focus, Inc. (Nasdaq: NUFO chart, msgs) securities between January 31, 2001 and March 5, 2001, inclusive. The complaint charges that New Focus, Inc. and certain of its officers and directors violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, by issuing a materially false and misleading press release, raising the Company's revenue guidance for the fiscal year 2001 from $150 million to $240 million. This press release, issued on January 30, 2201, caused the Company's stock price to artificially escalate. During those five business days following the announcement, defendants sold over $35 million of their own stock, all the while knowing that the Company still had problems with inventory build-up and delayed and canceled orders from customers. Five weeks later, defendants admitted to the Company's problems and lowered the guidance for the fiscal year 2001 to $170-190 million, sending the price of New Focus stock to close at $18 7/8, down almost 70% from its class period high. Plaintiff seeks to recover damages on behalf of class members and is represented by the law firm of Weiss & Yourman, which has extensive experience in complex litigation, particularly securities class actions, and has been appointed to lead class counsel in numerous consolidated and multi-district cases. If you are a member of the class described above, you may, no later than May 11, 2001, move the Court to serve as lead plaintiff, if you so choose. In order to serve as lead plaintiff, however, you must meet certain legal requirements, as set out pursuant to the Private Securities Litigation Reform Act of 1995.