Symmorphix Joins the Amp Camp
News Analysis -
October 31, 2001 : The startup is making erbium-doped waveguide amplifiers in a different way from its competitors
Qwest's Qwarter Not So Shiny
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October 31, 2001 : Qwest's losses are attributed to falling revenue from optical assets. Bad signs all around for optical equipment
Is Mayan Done Yet?
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October 31, 2001 : Mayan Networks has junked one acquisition, completed another -- and is once again rumored to be calling it quits
MRV: Luminent's a Drag
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October 30, 2001 : MRV's components spinoff - soon to be folded back into the company - gets the blame for poor numbers
Can Redback Come Back?
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October 30, 2001 : Company pins its hopes to the busy edge router market, where it has introduced the SmartEdge 800
Solinet Morphs Into Ceyba
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October 29, 2001 : The Ottawa startup formerly known as Solinet offers a few more details about its long-haul optical strategy
RouteScience Soups Up IP
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October 29, 2001 : Startup founded by ex-Cisco exec looks to be the first of a new crop of IP-performance companies to ship product
Alidian Restructures
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October 26, 2001 : Newman takes over as CEO, Sadler returns as COO, and 50 more jobs are cut
Intel Backs VCSEL Startup
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October 26, 2001 : It's funding Lytek, an Arizona State U. spinoff developing 1310nm surface-emitting lasers
KP, Cisco Double Down on Cenix
News Analysis -
October 26, 2001 : Kleiner Perkins leads another round and switches board members at Cenix, one of Vinod Khosla's picks
JDSU Weighs on Optical Sector
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October 26, 2001 : Judging from the results and forecasts at JDSU, the sector's recovery is still not within sight
Corvis Stock Slips on Q3 Report
News Analysis -
October 25, 2001 : Corvis hits the low end of expectations with $24 million in revenue for Q4; loses $49 million before charges
Harmonic Hits a Bad Note
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October 25, 2001 : Harmonic reported better than expected third-quarter earnings last night. So why is the stock down 30%?
Foundry's Fallout
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October 25, 2001 : Foundry's Q3 results disappoint. Analysts issue confusing downgrade notes. Stock tanks
McGinn McFound
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October 25, 2001 : Former Lucent CEO Richard McGinn starts afresh as venture capital advisor at Manhattan-based RRE Ventures
Tellium Stock Pops After Earnings
News Analysis -
October 25, 2001 : Tellium's stock gains 20% after the company announces positive quarterly results UPDATED 10/25 9:45 AM ET
Tropic Joins Canadian Cutback Crew
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October 24, 2001 : Tropic Networks is the latest well-funded Ottawa startup to cut costs now in order to make it through 2002
ONI Stock Takes a Hit
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October 24, 2001 : Shares get a 20% haircut on quarterly earnings report; customer count is not where company expected
Ennovate Shuts Down
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October 24, 2001 : Edge-switch maker Ennovate Networks closes its doors and puts 127 more people out of work
PON: The Dream Is Alive
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October 24, 2001 : A slew of back-burner projects reflect faith that passive optical networking is steadily -- if slowly -- building
Ciena Wins C&W Deal
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October 24, 2001 : Cable and Wireless still plans to deploy Tellium's core switches -- but not for some time
Motorola Spruces Up C-Port Chip
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October 23, 2001 : The money right now is in putting a little more kick into its OC48 (2.5 Gbit/s) network processor, says Motorola
Lucent: What's Another $8 Billion?
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October 23, 2001 : Fourth quarter is capped by $8 billion charge. Lucent says this, and 10,000 more job cuts, get it closer to breakeven
Avici Losses Increase
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October 23, 2001 : Avici blames the capex crunch for expected big losses, searches for new customers, and pins hopes on tiny TSR
SBC: Uncle Sam Killed Broadband
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October 22, 2001 : Chairman and CEO blames government regulation for declining fortunes, says it will hamper DSL deployment
Teradiant Turns Up
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October 22, 2001 : Network processor startup emerges from stealth mode to announce first-round funding of $26 million
EZchip Redoes It
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October 22, 2001 : EZchip is very close to shipping its OC192 network processor, though it appears to have altered the gameplan
Nortel Dogged by Competitors
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October 22, 2001 : Nortel's long-haul strategy weakens along with the company's competitive position against Ciena and Corvis
Redback's New Sales Strategy
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October 19, 2001 : Sell, sell, sell! A Redback sales memo indicates it wants to move SMS 10000 products, badly. And price isn't an issue
Dynarc in Trouble
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October 19, 2001 : Swedish metro equipment startup has laid off most of its staff following collapse of fundraising efforts
AFC: One Bright Spot?
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October 19, 2001 : Yes, it's also laying off people. But AFC beat estimates and remained profitable in its third-quarter results
Corning Slams on the Brakes
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October 19, 2001 : Fiber giant announces a $220 net loss, will 'idle' the manufacture of optical fiber
Sycamore Enters Crisis Mode
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October 19, 2001 : Sycamore slashes expectations, announces a plan to restructure and cut 25% of its staff. Some think its not enough
Nortel Says It Sees Clearly Now
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October 18, 2001 : Execs say they've got newfound "clarity" in carrier plans. But what they see is less capex and more uncertainty
Bell Labs Makes Molecular Transistor
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October 18, 2001 : Bell Labs promises to shrink electronics with its molecular-scale transistor, but there's plenty of work still to do
Cinta Gets Leaner, Cites Attacks
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October 18, 2001 : Long-haul startup blames a softening economy and September 11th tragedies for its latest round of layoffs
VCs Wait for Liquidity
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October 18, 2001 : VCs must get creative as investment returns drop and liquidity opportunities become more scarce
Gigabit Optics Takes in $20M
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October 18, 2001 : Subsystems manufacturer lands respectable amount for its second round, but it doesn't come without a price
Report Predicts Chip Rebound
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October 17, 2001 : Optical Oracle identifies the companies that'll be first to recover from the current inventory overhang
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