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 : Riverstone Networks (RSTN) -- Ignore unavailable to you. Want to Upgrade?

To: frankw1900 who wrote (62)	6/16/2001 4:11:00 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 290

I was a little surprised to not see ONIS show greater strength given the upgrade to RSTN. They both sell into the metro space. Though RSTN emphasis on technology that actually hooks customers up versus just the core for ONIS may be the difference. I think NT is a wait and see proposition. The type of problems they are seeing don't turn around in a quarter. They made some bad mistakes in specific product segments and are paying for it. They have virtually written off all their optical metro products inventory if I understand the press release properly and CIEN, ONIS seem to be eat their lunch in that segment. The wireless side is seeing some slow down in demand also though the deployment of 3G in Japan later this year and the start of projects in China might give them traction. Remember that the more traditional growth in the telecom equipment segment is 15 ot 20 percent. We just came though a revolutionary period where a lot of disruptive technology got deployed. We are now in the evolutionary stage and that is slower. I think they are good company from a technology point of view, but one only has to look at LU to see that great management is also required. I think till Roth is gone you won't see analysts trust the guidance given by NT, so the upside might be limited. The Canadian press is already talking about NT as a classic case study of how not to run a company.