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Technology Stocks : Corvis Corporation (CORV) -- Ignore unavailable to you. Want to Upgrade?

To: tech101 who wrote (1636)	5/20/2003 6:43:13 PM
From: tech101	Respond to of 2772

JDS Goes Undersea MAY 20, 2003 It appears TriQuint Semiconductor Inc. (Nasdaq: TQNT - message board) has found one buyer, at least, in its quest to trim down its optical-components division. A recent SEC filing from JDS Uniphase Corp. (Nasdaq: JDSU - message board; Toronto: JDU) shows the company acquired TriQuint's undersea pump-laser packaging technology on May 6, for $6.6 million in cash. JDSU will account for the purchase in its fourth fiscal quarter, which ends in June. Note that JDSU didn't acquire actual lasers, which would be a bit nonsensical, considering JDS and SDL Inc. had so much pump-laser power that they had to divest some of it during their merger (see Nortel Buys JDSU Plant for $2.5B and JDSU and SDL: The Saga Continues ). Rather, JDSU wanted the packaging technology in order to develop entire pump modules, a JDSU spokesman says. In addition to the technology, JDSU will pick up a couple of TriQuint's employees, the spokesman says. A TriQuint spokeswoman wouldn't elaborate on the deal, but it's likely that the pump-laser packaging came from the acquisition of the optical components division of Agere Systems (NYSE: AGR.A) early this year. TriQuint was primarily interested in Agere's lasers and detectors, and the company has been seeking buyers for the other product lines (see TriQuint Closes Agere Acquisition and TriQuint Talking Deals at OFC ). Of course, the undersea business right now is, well, underwater (see Report: Undersea Cable Market Has Sunk and Elmic Shows IP Storage Stack ). But the JDSU spokesman says the company wants to prepare for that legendary day when long-haul and undersea buildouts come back to life. In the undersea case, specifically, qualification takes much longer, and JDSU wants to be ready for any new contracts that surface. — Craig Matsumoto, Senior Editor, Light Reading

To: tech101 who wrote (1636)	5/26/2003 10:49:42 PM
From: dvdw©	Read Replies (2) \| Respond to of 2772

This article is selling news packaged for 1999. Someone said this company had 400 million in the bank? That is just flat out horrible capital utilization. This is one sad story,and is indicative of a VC bubble remnent, someone will buy this beast for the cash. Who is running this company? How could anyone utilize capital so poorly, is it true there were only 1.25 million in revenue for the quarter? The rationalization about lack of switching between broadband providers is truly naive. In the network thats coming, The Network IS the Switch, and SW not hardware will run it. If you want an indication of whats working and what is not, check out UTSI. They are kicking serious butt on the basis of a dynamic network architecture, they are dedicated to the Soft Switch and facilitate differing stadards, fiber, wireless...dont matter. Now that is a business model. UTSI is the first serious threat to CSCO to come along in 10 years. That is not a prediction, what it says is that the Network itself is changing to accomadate variables unforcasted 4 years ago, UTSI gets it, they dont give a damn what system some vulture capitalist wants, they strive to deliver a product that pays back the investor and provides the user with what they are looking for, Sadly CORV never got it. US carriers have in their haste to control through law and regulation, forcing the applications and the users to conform to the mess thats followed.