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News & Views
Content posted in July 2001
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JDSU's Acquisition Hangover
News Analysis  | 
7/17/2001  |  19 comments
JDSU still in talks with the SEC about how to take a $40 billion charge on goodwill; third-quarter restatement coming
Corning Price Cuts Scrutinized
News Analysis  | 
7/17/2001  |  1 comment
Morgan Stanley says Corning's swapped half-price fiber for orders in China. Price war? Or plain ol' dumping?
Williams Goes for the Cash
News Analysis  | 
7/17/2001  |  2 comments
Williams raises cash by selling off shares of ONI and Corvis
Nanovation in Crisis
News Analysis  | 
7/17/2001  |  34 comments
Company has shed two thirds of its staff and is struggling to stay alive
OMM Gets a Breather
News Analysis  | 
7/16/2001  |  10 comments
Its MEMS modules have passed muster with Telcordia. Will that be enough to ensure its survival?
MSDW Report Pushes Cisco Lower
News Analysis  | 
7/16/2001  |  Post a comment
Cisco takes the fall for the optical market, as Morgan Stanley casts doubt on the quarter
Optical Funding: Down but Not Out
News Analysis  | 
7/16/2001  |  55 comments
What's hot: IP services and edge access. What's not: optical switching and components. So says the Optical Oracle
Celox Bags $80M Funding Round
News Analysis  | 
7/16/2001  |  Post a comment
Celox Network stocks up on cash in tough times as it inches toward shipment of its IP service switch
Cisco, Corning Invest in LightPointe
News Analysis  | 
7/16/2001  |  15 comments
Investment marks a revival of interest in free-space optics
Large Lucent Layoff Looms
News Analysis  | 
7/13/2001  |  6 comments
Lucent CEO Schacht has told employees another layoff is coming. It's probably a big one
Cisco Acquisition Causes RPR Stink
News Analysis  | 
7/13/2001  |  9 comments
Cisco's latest acquisition hasn't gone over too well, as competitors charge the company is manipulating standards efforts
Nortel's Marketing Chief Resigns
News Analysis  | 
7/13/2001  |  31 comments
Anil Khatod, Nortel's chief marketing and strategy officer, steps down just days before scheduled earnings call
Juniper Meets Revised Guidance
News Analysis  | 
7/12/2001  |  Post a comment
Juniper continues to trim costs as core spending slows
LightCross Taps Former Chromatis CEO
NFOEC News Analysis  | 
7/12/2001  |  2 comments
Bob Barron takes the helm at an optical components player in sunny southern California
Essex Demos 40-Gig Alternative
News Analysis  | 
7/12/2001  |  10 comments
Says its HyperFine DWDM technology can deliver the same capacity per fiber in a totally different way
Layoffs Top 90,000
News Analysis  | 
7/12/2001  |  56 comments
A Light Reading report gives the grisly details and offers advice to victims
40 Gbit/s Takes the Slow Lane
NFOEC News Analysis  | 
7/12/2001  |  26 comments
Technology experts are scaling back their estimates for the adoption of higher-speed technologies
Redback: How Low Can It Go?
News Analysis  | 
7/11/2001  |  Post a comment
Losses and lawsuits are taking their toll on Redback's share price, encouraging takeover speculation
NFOEC in Pictures
NFOEC News Analysis  | 
7/11/2001  |  2 comments
Here's what our camera captured at NFOEC.
Optical CDMA Product Stirs Debate
NFOEC News Analysis  | 
7/11/2001  |  Post a comment
APN, a startup, says it has figured out how to apply CDMA technology to optical networks. Observers are skeptical
Bandwidth9 Cuddles Up With Corning
NFOEC News Analysis  | 
7/11/2001  |  3 comments
Joint testing lends credibility to the startup's 1550-nanometer VCSEL claims
Enjoy the Summer
Column  | 
7/11/2001  |  6 comments
Enjoy the Summer – Scott Clavenna
Optical Hearts of Darkness
News Analysis  | 
7/10/2001  |  1 comment
More grim news from Alcatel, Corning, and Newport leads the market decline as the Light Reading Index hits a new low
Metro Rules at NFOEC
NFOEC News Analysis  | 
7/10/2001  |  Post a comment
Next-generation metro components dominated the product news at the fiber-optic engineering conference in Baltimore
Qwest Tests Metro-Optix
News Analysis  | 
7/10/2001  |  5 comments
Qwest joins Genuity and WorldCom in taking a look at Metro-Optix
Cisco Hones RBOC Pitch
News Analysis  | 
7/10/2001  |  9 comments
Cisco's DWDM enhancements and OSMINE certification point to growing effort to land RBOC/ILEC deals
Williams, Corvis Lash Back
NFOEC News Analysis  | 
7/9/2001  |  51 comments
Bandwidth glut? Corvis CEO David Huber and Williams CTO Matt Bross say it's only in Wall Street's imagination
Comcast's $58B Blockbuster
News Analysis  | 
7/9/2001  |  Post a comment
Comcast has gone public with details of a whopping big bid for AT&T Broadband. Can it succeed?
Luxcore Pulls a Switcheroo
NFOEC News Analysis  | 
7/9/2001  |  3 comments
Startup ditches switch strategy in favor of selling subsystems
Valuation Deflation in Startup Land
News Analysis  | 
7/9/2001  |  17 comments
Report shows that valuations of private companies have plummeted -- and getting new financing is no easy task
Altamar Buys a Bargain
NFOEC News Analysis  | 
7/9/2001  |  3 comments
It's getting ultra-long-haul technology plus an all optical switch for "less than $1 million"
Politics Take Center Stage
News Analysis  | 
7/9/2001  |  8 comments
This week the US Congress will resume debate on the Tauzin-Dingell bill, determining the future of broadband access
Fortunes Swing for Swedish Startups
News Analysis  | 
7/9/2001  |  Post a comment
Net Insight looks to upstage sibling Dynarc with contract to deploy DTM technology in a US media network
Centerpoint Scoops Up Zaffire
News Analysis  | 
7/6/2001  |  16 comments
After exploring options for months, Zaffire has found a buyer and its management team says goodbye
Tunable Lasers: Poised for Takeoff?
News Analysis  | 
7/6/2001  |  5 comments
A recent report says tunable lasers will comprise roughly 26 percent of all lasers manufactured worldwide by 2005
Ciena Hit on Lehman Note
News Analysis  | 
7/6/2001  |  7 comments
Analyst Steve Levy adjusts his forecast for Ciena, and investors head for the hills
Kestrel Quietly Reconfigures
News Analysis  | 
7/6/2001  |  9 comments
With more cutbacks, a new CEO, and no officially announced customer, Kestrel's future isn't exactly clear
Stocking the Optical Thrift Shop
News Analysis  | 
7/5/2001  |  Post a comment
Too bad there aren't any buyers. Still, some say the telecom downturn has fueled a potentially big aftermarket
Trellis: 'No Shut Down'
News Analysis  | 
7/5/2001  |  1 comment
It's just rearranging the deck chairs, and it's not the Titanic, says Trellis's chairman
Marconi Stock Tanks
News Analysis  | 
7/5/2001  |  28 comments
Price drops by more than 50% after company issues profit warning last night
K2 Claims Laser Record
NFOEC News Analysis  | 
7/4/2001  |  2 comments
Plans to demo a low-cost, directly modulated laser capable of carrying 2.5 Gbit/s 300 kilometers
Nortel Bonds: Not Quite Junk
News Analysis  | 
7/3/2001  |  41 comments
Moody's lowers its bond ratings on Nortel; says Nortel may see further downgrades UPDATED: 07/03, 6:00 PM
Has West Bay Got the Best Way?
News Analysis  | 
7/3/2001  |  8 comments
The startup has achieved a big leap forward in framer chip technology
Startup Gets Money for Mystery Switch
News Analysis  | 
7/3/2001  |  5 comments
Civcom has raised another $10.5 million for its optical switch component developments
M&A Activity Continues to Crawl
News Analysis  | 
7/3/2001  |  1 comment
Stock market stability and steady corporate earnings are needed before the M&A deal frenzy can begin again
Avanex Slips on Bad News
News Analysis  | 
7/2/2001  |  Post a comment
Wall Street punished Avanex as it announced it had reduced its workforce by more than 40% and lowered guidance
LightConnect Comes Into Bloom
News Analysis  | 
7/2/2001  |  4 comments
The startup and its closest competitor were founded by the same guys -David Bloom and Asif Godil
LuxN Goes Metro
News Analysis  | 
7/2/2001  |  17 comments
LuxN is adding more wavelengths and intelligent switching to its transport portfolio to make a play for the metro market
Actelis Draws High-Profile Investors
News Analysis  | 
7/2/2001  |  4 comments
$45 million third round brings Actelis’s funding total to $74 million
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