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To: BRANDYBGOOD who wrote (76583)	5/24/1999 8:23:00 PM
From: ArtsCool	Respond to of 119973

DIGL: Checking LUCENTS capacity - Digital Lightwave Homepage:http://www.lightwave.com./ Here is Thom's CBS MarketWatch article: Flashes from the frontier Digital Lightwave shares entice some By Thom Calandra, CBS MarketWatch Last Update: 2:48 PM ET May 24, 1999 Options Watch SAN FRANCISCO (CBS.MW) -- Here's the latest: Fiber optics are hot. As Internet companies jump on the bandwidth bandwagon, small companies that service the fiber-optics industry are in the spotlight. "The Internet challenge for online U.S. households is to secure faster 1-plus megabyte broadband data transmission speeds at lower access costs," Thomas Weisel Partners analyst David Readerman says in his latest research report. Shares of Digital Lightwave (DIGL: news, msgs), a troubled company that makes network analysis equipment for managing fiber optic networks, are on a roll. The company might be nearing a large contract with Lucent Technologies (LU: news, msgs), investment professionals close to the company say. Some 418,000 shares changed hands Friday, the most in more than a year. Digital Lightwave, which lost $1.6 million in its most recent quarter, has had its share of problems. In January 1998, it restated revenues from the second and third quarters of fiscal 1997. Some 23 class action lawsuits followed. The company charged $8.5 million in the second quarter of 1998 to settle the lawsuits, according to its most recent 10-Q statement with the U.S. Securities & Exchange Commission. Now, sales are soaring. Thanks to a product called Network Information Computers, net sales for the March quarter increased to $8.1 million from $5.4 million in the year-ago quarter. Under new CEO Gerry Chastelet, the Florida company has added Ciena (CIEN: news, msgs) and Advanced Fibre Communications (AFCI: news, msgs) as customers. The small Nasdaq stock sells for 5 3/8, up from 1 3/8 or so seven months ago. (Niney minutes after this was published Monday, Digital Lightwave said it had agreed to provide "integrated performance monitoring and diagnostic capabilities for the Lucent Technologies Inc. WaveStar Optical Line System (OLS) 400G." The shares rose 1 to 6 3/8.)