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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (2798)	11/2/2001 3:21:52 PM
From: Ryan Mak	Read Replies (1) \| Respond to of 99280

Thanks Zeev!

To: Zeev Hed who wrote (2798)	11/2/2001 3:22:57 PM
From: lh56	Respond to of 99280

news relative to NEWP from briefing.com 02-Nov-01 15:06 ET Test & Measurement : Lightreading.com reporting that Nortel (NT 5.81 -0.04) is in the process of auctioning off an estimated 20,000 items from four of its component manufacturing facilities. Products for sale include fiber optic capital equipment (such as laser welders and robots) along with T&M products. Investors may interpret this news as a short-term negative for Test & Measurement companies like Agilent (A 23.29 +0.39), Newport (NEWP 15.89 -0.24), EXFO (EXFO 10.85 +0.15). However, in an intraday note, CSFB sees auction news as a positive, since it indicates that the capacity rationalization within optical manufacturing continues." larry