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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: ColtonGang who wrote (19838)	3/29/2001 3:04:58 PM
From: ColtonGang	Read Replies (2) \| Respond to of 24042

Bankrupcy now.........NEW YORK (Reuters) - NorthPoint Communications Inc. (Nasdaq:NPNTQ - news), the bankrupt high-speed Internet access provider, said it has failed to raise cash and must shut down its network, leaving up to 100,000 business customers without Internet access. NorthPoint was ``forced to shut down its DSL (digital subscriber line) network after efforts to secure funding for continued, interim operations failed .... NorthPoint advises its customers to expect network outages and termination of DSL services immediately,'' the company said in a statement released late Wednesday night.

To: ColtonGang who wrote (19838)	3/29/2001 3:30:24 PM
From: fred woodall	Respond to of 24042

Nortel Networks' (NT) recent profit warning can't be good for optical component supplier JDS Uniphase (JDSU), which counts Nortel as one of its largest customers, say Williams Capital Group analysts Shayna Malnak and Rashad Barajakly. They cut their 12-month price target on JDS to $30 from $58 and lowered 2001 and 2002 EPS estimates to 64 cents from 66 cents and 73 cents, respectively. They say a concurrence of cautious statements by equipment makers indicates lower telecommunications spending will impact the majority of 2001. (JDB) JDSU 17 1/4. Anyone trade options here?