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Articles published in July 2001

Lucent Looks for More Cash


News Analysis - Comment (1)
July 31, 2001 : Lucent has announced it plans to raise $1 billion in convertible stock, but is the market willing?

Asia: Optical Boom or Bust?


News Analysis - Comments (2)
July 31, 2001 : Will equipment companies' reliance on Asian sales come back to haunt them? The pattern looks familiar

Cisco Picks New Marketing Exec


News Analysis - Comments (3)
July 31, 2001 : Latest scuttlebut: Sameer Padhye is new VP of service provider marketing; Kevin Kennedy chills talks with Redback

Motorola Deals for RiverDelta


News Analysis - Comment (1)
July 31, 2001 : Motorola agrees to shell out $300 million in stock to boost its cable equipment business

OnFiber: Bottoms Up!


News Analysis - Comments (10)
July 31, 2001 : Danny Bottoms has taken over as the startup service provider's fourth CEO, ending a period of strange goings-on

MRV: Wait 'Til Next Year...


News Analysis - Comments (3)
July 30, 2001 : MRV's losses widen, but the company predicts better times ahead

The Coolest Router on Earth?


News Analysis - Comments (17)
July 30, 2001 : Irvine Sensors bets $55 million that superconductor technologies will be the next wave for high-speed routers

Kymata Sold for $119 Million


News Analysis - Comments (25)
July 30, 2001 : Alcatel Optronics has (finally) agreed to buy the Scottish AWG startup

OMM-inous News


News Analysis - Comments (37)
July 27, 2001 : OMM has halted development of 3D MEMS subsystems, casting a pall of gloom over other MEMS startups

Sizing Up JDSU's Massive Loss


News Analysis - Comments (7)
July 27, 2001 : JDSU's whopping $50.6 billion loss speaks to the sector's inflated expectations

Corvis's Future Brightens


News Analysis - Comments (30)
July 27, 2001 : Q2 results were on target, and two new customers and a reduction in spending should pay off in 2002

Nortel to Grab Koch?


News Analysis - Comments (9)
July 27, 2001 : The latest scuttlebutt says Roland Koch, fresh from Siemens ICN, could be Nortel's next CEO

VCs Turn to Triage


News Analysis - Comments (13)
July 27, 2001 : With investment slowing and returns down, VCs are turning their attention to maintaining their strongest portfolio members

Cisco's Kennedy Ready to Leave?


News Analysis - Comments (9)
July 26, 2001 : 'Atrocious' relationship with John Chambers has prompted exec to look at CEO position with Redback, sources say

Corning Touts China, Rips Analyst


News Analysis - Comment (1)
July 26, 2001 : Execs air their grievances with Morgan Stanley, saying fiber prices are stable and China is optical's future

Report: Next-Gen Gear Replacing Sonet


News Analysis - Comments (5)
July 26, 2001 : Frost & Sullivan says the market for traditional Sonet/SDH gear is giving way to next-generation optical systems

Nanovation Files for Chapter 11


News Analysis - Comments (9)
July 26, 2001 : It's got 100 days to restructure and relaunch or get bought before it goes bust

Sycamore: Sick No More?


News Analysis - Comments (14)
July 26, 2001 : Not yet, but today's announcements of a significant new customer and product enhancements might help

New Focus Sees New Losses


News Analysis - Post a comment
July 26, 2001 : New Focus sees growing revenues, but losses pile up as the company's orders plummet

Nokia Nabs Amber for $421M


News Analysis - Comments (43)
July 25, 2001 : Finnish wireless expert says it will use Amber's fault-tolerant router to build pure IP wireless networks

Cisco's Kennedy: Recruiter's Dream?


News Analysis - Comments (15)
July 25, 2001 : Cisco's service provider boss, Kevin Kennedy, is rumored to be in the running for top posts at Redback and Nortel

Procket Bulks Up


News Analysis - Comment (1)
July 25, 2001 : Router startup Procket recruits refugees from the public market, including former Extreme CFO Vito Palermo

Harmonic Earnings Fall Short


News Analysis - Post a comment
July 25, 2001 : Losses are greater than expected but management assures that things will improve in the next two quarters

Levy's Lucent Call Boosts Stock


News Analysis - Comments (9)
July 25, 2001 : Insight or insanity? Lehman Brothers' analyst Steve Levy, an early Lucent critic, says shares may have hit bottom

Lucent's Hopes Dimming


News Analysis - Comments (48)
July 24, 2001 : Execs say Lucent's future depends on restructuring its credit facilities, paving the way for up to 20,000 more layoffs

Gennum Gets Dense


News Analysis - Post a comment
July 24, 2001 : Company says it can boost the speed of electrical backplanes to 10.7 Gbit/s

What's Cooking at Kymata ?


News Analysis - Comments (8)
July 24, 2001 : Is the Scottish startup paving the way for a sale at a knockdown price?

Qwest Profits Shrink


News Analysis - Post a comment
July 24, 2001 : Qwest's losses increase with a $3.75 billion charge, but data services revenue jumps

IPOptical Fades, Hyperchip Feasts


News Analysis - Comments (2)
July 24, 2001 : Hyperchip scoops up more engineers as fellow core-router vendor IPOptical goes out of business

ONI Meets Estimates, Boosts Guidance


News Analysis - Post a comment
July 23, 2001 : ONI matches Wall Streets expectations and raises its revenue estimates; pricing pressure evident in margins

Agility Packs Three Into One


News Analysis - Comment (1)
July 23, 2001 : Unveils a tunable laser, amplifier, and modulator on a single piece of indium phosphide UPDATED 7/24 1:00 ET

Onex to Offer 'God Chip'


News Analysis - Post a comment
July 23, 2001 : Startup outlines plans for a single programmable chip that handles circuits, cells, and packets natively

Street Numbed to Lucent Fiber Talk


News Analysis - Comments (12)
July 23, 2001 : The deal is close -- again. Does Wall Street care anymore?

Startup Has a Crystal Ball


News Analysis - Comments (2)
July 23, 2001 : Photonic Materials gets $15 million to develop crystals for future optical components

Atrica Tags Ragavan for CEO


News Analysis - Post a comment
July 23, 2001 : Redback's ex-CEO has joined the optical Ethernet startup

Sorrento Picks Up Brokerage Coverage


News Analysis - Comments (4)
July 20, 2001 : Baird initiates coverage on Sorrento as the company hits up banks for more funding

Startup Touts 'Tunable Demultiplexer'


News Analysis - Comments (14)
July 20, 2001 : Sparkle Optics reckons it can outdo AWGs with its diffraction grating technology

Avici's Quarter Is All AT&T


News Analysis - Comments (16)
July 20, 2001 : Avici trims losses and grows revenue but still has only one paying customer and continues to burn cash

Has Nortel Hit Bottom?


News Analysis - Comments (38)
July 20, 2001 : Despite $19.4B quarterly net loss, execs say they've finished cost-cutting measures. The rest is up to the customers

PMC-Sierra Fights Inventory Glut


News Analysis - Post a comment
July 20, 2001 : Posts record second-quarter losses, as supply-chain inventory buildup begins to slowly burn off

AT&T Launches GPRS


LR Mobile News Analysis - Post a comment
July 20, 2001 : How much for the little packet? A question heard throughout Seattle.

Exar Teams Up on 10-Gig Chips


News Analysis - Post a comment
July 19, 2001 : It's put $40 million into a network processor startup in an effort to grab a share of the OC192 market

Fiber Utilization Figures Challenged


News Analysis - Comments (79)
July 19, 2001 : A TeleChoice study contradicts the view that many carrier networks are under-utilized

Tellium Feels Alright


News Analysis - Comments (2)
July 19, 2001 : Just one quarter into their life as a public company, Tellium executives get bullish. They even raise guidance for 2001

Is Lucifer in Lucent's Debt Details?


News Analysis - Comments (6)
July 19, 2001 : Lucent's complicated credit agreement is now Wall Street's focus, as the company aims for recovery

Extreme Looks East


News Analysis - Comments (19)
July 18, 2001 : Extreme sees revenue growth in Asia, returns to pro forma profit after two difficult quarters; net losses continue

PMC Offers 'Cerent Chip'


News Analysis - Comments (13)
July 18, 2001 : Its latest silicon could help the competition get a leg up on Cisco's ONS 15454

Nortel Finds New Marketing Chief


News Analysis - Comment (1)
July 18, 2001 : Alan Kember, Nortel veteran, steps into the place evacuated by Anil Khatod last week **UPDATED**

Level 3 Earnings Disappoint


News Analysis - Comment (1)
July 18, 2001 : Excluding dark fiber sales, growth disappeared -- and so did customers. What's management excited about?

JDSU's Acquisition Hangover


News Analysis - Comments (19)
July 17, 2001 : JDSU still in talks with the SEC about how to take a $40 billion charge on goodwill; third-quarter restatement coming
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