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.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (33227)	7/3/2001 12:18:09 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69866

In addition, its customers, Nortel Networks Corp. (NYSE/Toronto: NT - message board), WorldCom Inc. (Nasdaq: WCOM - message board), Alcatel SA (NYSE: ALA - message board; Paris: CGEP:PA), and Fujitsu Ltd. (KLS: FUJI.KL), are also struggling. Nortel, which is one of its largest customers, pre-announced poor quarterly results last month, sending the market reeling (see Nortel's Nuclear Winter ). WorldCom, another big customer, didn’t pre-announce earnings, but it has announced significant cutbacks in capital spending. Avenex’s Florence said in a phone interview that the company was seeing a slowdown in its international customers as well, indicating that sales to Alcatel and Fujitsu have also been curbed. Message 16023876