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News & Views
Content posted in October 2001
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Digital Lightwave Dims
News Analysis  | 
10/17/2001  |  Post a comment
After massive revenue shortfall, executives decline to give guidance and CFO hits the highway
ONI Slims Down
News Analysis  | 
10/16/2001  |  17 comments
ONI Systems is laying off 16 percent of its staff and taking other measures to cut costs UPDATED 10/16 6:30pm
New Focus Gets New CEO
News Analysis  | 
10/16/2001  |  Post a comment
Kenneth Westrick has resigned from his CEO post. Harris takes his place
Proximion Bags $10 Million
News Analysis  | 
10/16/2001  |  2 comments
Swedish startup plans to ramp up production of its optical monitoring subsystems
Tellabs Pins Hopes on Optical
News Analysis  | 
10/16/2001  |  Post a comment
Tellabs posted a net loss of $49 million but says its 6000 series optical products are set to win
Unisphere Wins AT&T Contract
News Analysis  | 
10/16/2001  |  3 comments
It may not be a huge order, but supplying edge routers to AT&T is a feather in Unisphere's cap
Optical Signaling: Slow but Sure
News Analysis  | 
10/15/2001  |  Post a comment
A recent Light Reading Webinar poll reveals that optical signaling is a vital, but slowly moving, bandwagon
Alcatel ATM Switch Steps Up
News Analysis  | 
10/15/2001  |  18 comments
Alcatel says a new version of its 7670 RSP is geared to meeting carriers' multiservice requirements
Photonex Scores Huge 3rd Round
News Analysis  | 
10/15/2001  |  22 comments
It's raised another $90 million to complete the development of its 40 Gbit/s long haul DWDM technology
Alidian Lays Off Again
News Analysis  | 
10/15/2001  |  Post a comment
Alidian Networks has fired 20 employees and started new equipment trials in Texas
Siemens To Cut People and Plants
News Analysis  | 
10/15/2001  |  Post a comment
Its Information and Communications Networks division will double the number of layoffs to 10,000
Coriolis Scores $32 Million
News Analysis  | 
10/15/2001  |  9 comments
The metro equipment startup appears to be ahead of its nearest rival, Native Networks
Foreign Workers Sit Tight
News Analysis  | 
10/12/2001  |  120 comments
How has the economic downturn affected foreign workers? So far, not so badly. But that could change
Inphi Pitches OC768
News Analysis  | 
10/12/2001  |  2 comments
Startup Inphi looks set to beat the big chip makers to market with products for 40-Gbit/s systems
Akara Hacks Headcount
News Analysis  | 
10/12/2001  |  10 comments
Storage system provider switches direction, chops a third of its workforce in anticipation of a tough 2002
Redback Stock Stages Rally
News Analysis  | 
10/12/2001  |  Post a comment
Shares ramped 50 percent yesterday and are climbing again this morning on optimism and acquisition rumors
Juniper Soars on Earnings Report
News Analysis  | 
10/11/2001  |  5 comments
In after-hours trading, Juniper shares go through the roof after beating analyst expectations
Introducing Iamba
News Analysis  | 
10/11/2001  |  4 comments
The stealthy startup says it wants to move optical access beyond PON
Rally Lights Up LR Index
News Analysis  | 
10/11/2001  |  5 comments
As Nasdaq and NYSE rally, the LR Index gets a 4 percent pop. Is the bottom near?
Finisar Execs Lead by Example
News Analysis  | 
10/11/2001  |  Post a comment
Does a recent insider spending spree signal better times for troubled optical networking component vendor?
Startup Demos Optical Processing
News Analysis  | 
10/11/2001  |  4 comments
Israel's Lenslet says its 'optical DSP engine' will be far faster, smaller, and cheaper than today's ASICs
Redback's Rough Road
News Analysis  | 
10/10/2001  |  Post a comment
Redback's losses widen and its headcount shrinks as the company's new managers settle in to an enormous job
Tellabs Losing Its Edge?
News Analysis  | 
10/10/2001  |  1 comment
Reported loss of Verizon contract indicates Tellabs is struggling to keep up with a changing market
The IP Priesthood
Column  | 
10/10/2001  |  69 comments
The IP Priesthood – Peter Wagner
Are Fat Cats Slimming Down?
News Analysis  | 
10/10/2001  |  5 comments
JDS Uniphase and Cisco CEOs shun big bonuses in tough times. But it's too soon to call a trend UPDATED 10.11.01
EXFO Meets Lowered Expectations
News Analysis  | 
10/10/2001  |  Post a comment
Fiber optics testing and manufacturing equipment firm reports mounting losses, sees rebound in 2002
Rumors Rampant as Startup Woes Mount
News Analysis  | 
10/9/2001  |  223 comments
Startup layoffs and losses are at an all-time high in optical networking. And the rumor mill's grinding out of control
Lucent's LambdaRouter Turns Japanese
News Analysis  | 
10/9/2001  |  27 comments
Lucent wins its second contract for the all-optical LambdaRouter, but Wall Street isn't wowed
Where Have the Big Deals Gone?
News Analysis  | 
10/9/2001  |  5 comments
Even with lower valuations, experts say that big equipment company mergers seem too messy right now
Avici Intros Tiny TSR
News Analysis  | 
10/9/2001  |  9 comments
Avici has cut its big terabit router in half, but continues to say it's designed for the network core
NetVmg: A Bandwidth Cost Cop
News Analysis  | 
10/8/2001  |  5 comments
Startup comes out of hiding, declaring that not all bandwidth is created equal
Charlotte's Web: Who's Best Now?
News Analysis  | 
10/8/2001  |  10 comments
It's about to announce more tests aimed at showing that its core router can beat Cisco's and Juniper's
Sycamore: More Layoffs Coming?
News Analysis  | 
10/5/2001  |  26 comments
More big cuts are likely at the ailing optical networking company
Intel Still Seeking Startups
News Analysis  | 
10/5/2001  |  2 comments
Its head of investment, Les Vadasz, was far more optimistic than other VCs on a Silicon Valley discussion panel
Zenastra Photonics: RIP
News Analysis  | 
10/5/2001  |  20 comments
The promising Ottawa startup has closed its doors and is selling assets
ECOC: Pick of the Papers
News Analysis  | 
10/5/2001  |  Post a comment
Plenty of exciting techology is in the pipeline, judging by the conference's post-deadline papers
Digital Bridges Turns to Artificial Intelligence
LR Mobile News Analysis  | 
10/5/2001  |  Post a comment
Watch for a new race super-computers to overtake mankind through Tetris.
Is World Wide Packets up for Sale?
News Analysis  | 
10/4/2001  |  15 comments
Bernard Daines's startup has laid off its marketing team and might be running out of money
Corvis Execs Get Bullish
News Analysis  | 
10/4/2001  |  17 comments
David Huber and other Corvis execs are buying back their own shares – but only after they've sold millions
Corning Cuts Again
News Analysis  | 
10/4/2001  |  Post a comment
Weakness in the company's core fiber business is forcing 4,000 more layoffs and several plant closings
WaveSplitter Gets Dynamic Over DWDM
News Analysis  | 
10/4/2001  |  8 comments
Its joint developments with Infineon and Gemfire could give it an edge in emerging DWDM component markets
Tech Rally Boosts LR Index
News Analysis  | 
10/3/2001  |  2 comments
Positive vibes from the unlikely duo of George W. Bush and John Chambers boost markets
Nortel: Can This Company Be Saved?
News Analysis  | 
10/3/2001  |  103 comments
Nortel's auctioning off lots of properties while consolidating internal operations. What's left?
All About Calix
News Analysis  | 
10/3/2001  |  27 comments
Stealthy startup Calix is building a super-scaleable access box
Cisco Storms the Metro Edge
News Analysis  | 
10/3/2001  |  30 comments
Cisco's bulking up its edge routers and focusing on metropolitan networks in a revamped assault on the carrier market
Scattered Signals for Tunable Lasers
News Analysis  | 
10/3/2001  |  2 comments
Movaz's deal with Bandwidth9 brings to mind other companies that have scaled back their plans for tunable lasers
Everypath Adds Siebel to Partners
LR Mobile News Analysis  | 
10/3/2001  |  Post a comment
Combine this with their Accenture deal, and Everypath is suddenly in a strong enterprise position.
ECOC Show Report
News Analysis  | 
10/2/2001  |  2 comments
Europe's components show is bigger and better than last year – but that's not saying much
Nortel Swings Axe, Switches CEOs
News Analysis  | 
10/2/2001  |  92 comments
Nortel keeps cutting and cutting... and John Roth has stepped aside **UPDATED 10.3.01 11AM ET**
MFN Saved at the Bell
News Analysis  | 
10/2/2001  |  2 comments
After a long wait, carrier comes up with some cash and juggles execs. Analysts say: "Yes!"
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