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 : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: Bernard Levy who wrote (10712)	3/14/2001 8:42:53 PM
From: zbyslaw owczarczyk	Respond to of 12823

Bernard re:GSPN " Clearly it is inventory issue, not lack of end demand. As I have mentioned before vendors panicked last year and overbought. No questions there is some slowdown in DSL gears deployment in US which will last another few month, simply b/c carriers have to first connect customers to DSLAMs they already install before resuming aggressive deployment. It is general message from carriers that they want to add subscribers more aggressively in first half of 2001 to get revenue stream. Also ALA makes its own components and buys lots from TXN which did not indicated any weakness in DSL space. Since AlA controls 54% of DSL market, it is difficult to say what is really going on. One thing I noticed that months ago Cisco (CC) stated they they lost some DSL market shares..... ``GlobeSpan has enjoyed success in winning designs with our customers over the past year which positions us as a leading supplier of DSL solutions to the broadband communications equipment market. We are disappointed with the present environment where customers have repeatedly requested revisions and cancellations to their orders to balance their inventories which has caused us to lower expectations, but remain confident of our long-term growth prospects as our customer demand stabilizes, improves and worldwide deployment continues. We expect to resume growth in the second half of the year as our existing customers burn through their inventories, and new customers commence their ramp in production, particularly in international markets,'' added Geday. Zbyslaw