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EPIK Says No to Sycamore

Light Reading
News Analysis
Light Reading
8/29/2001

EPIK Communications Inc., the telecom wholesale unit of Florida East Coast Industries Inc., confirmed today that it would not be using Sycamore Networks Inc.'s (Nasdaq: SCMR) SN 8000 transport products in its network.

"We tested [the SN 8000] and came to that decision a while ago," says Husein Cumber, a spokesman for EPIK. EPIK announced its intent to deploy Sycamore gear on October 31, 2000.

"What we announced several quarters ago was an intent to deploy equipment, not a trial" says Richard Williams, a Sycamore spokesman. "The decision not to deploy was mutual." It's not clear what kind of revenue such a contract would have meant for Sycamore, but sagging sales have plagued the company (along with everyone else) for months. Recently the equipment maker predicted that revenues for its first fiscal quarter of 2001 would be at least 67 percent lower than the comparable year-ago quarter (see Sycamore Waterlogged).

Though bad news seems to be growing on Sycamore trees, the company is hanging some hope on its contracts with NTT Corp. and KPNQwest NV (Nasdaq/Amsterdam: KQIP), which were just landed in the past few months.

As far as EPIK is concerned, Corvis Corp. (Nasdaq: CORV) may have better news in the near future. The carrier says it is still in the process of evaluating Corvis's CorWave Optical Convergence Switch for use in metropolitan area networks. EPIK announced in July that deployment details regarding the switch would be worked out this quarter.

EPIK won't say how big that deal is potentially. The company did reiterate, however, that a deployment decision has not been made and no revenue has been committed to Corvis.

The carrier currently buys metro DWDM gear from ONI Systems Inc. (Nasdaq: ONIS), long-haul DWDM gear from Nortel Networks Corp. (NYSE/Toronto: NT), and Internet routers from Juniper Networks Inc. (Nasdaq: JNPR).

- Phil Harvey, Senior Editor, Light Reading
http://www.lightreading.com

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uncle_optics@yahoo.com
[email protected]
12/4/2012 | 7:53:38 PM
re: EPIK Says No to Sycamore
Actually this is something newsworthy. Sycamore fed the market a ton of bullsh_t for so long that they deserve to be held accountable for failure and be asked to show us that they can land a customer. They were some of the most arrogant SOBs out there for 1999-early 2001....let em eat some humble pie...

JMNSHO
optical_guy
optical_guy
12/4/2012 | 7:53:38 PM
re: EPIK Says No to Sycamore
ahhh, what's a matter B-butt.....does it bother you that the article doesn't bash Corv for a change?
Belzebutt
Belzebutt
12/4/2012 | 7:53:38 PM
re: EPIK Says No to Sycamore
Seems kind of nasty... If you had to report everyone who didn't make a successful bid, you'd be flooded with these kinds of stories, since there's always more losers than winners. What makes this particular story so worthy?
scooby
scooby
12/4/2012 | 7:53:37 PM
re: EPIK Says No to Sycamore
Check Sycamore's sponsored site on LR. Maybe there are some details there.

Hey! Where'd it go?!?
Belzebutt
Belzebutt
12/4/2012 | 7:53:35 PM
re: EPIK Says No to Sycamore
ahhh, what's a matter B-butt.....does it bother you that the article doesn't bash Corv for a change?

Keep the CORV pimping in the CORV thread, Dr Huber...

And keep the personal stuff on the Yahoo board.
Brattain
Brattain
12/4/2012 | 7:53:34 PM
re: EPIK Says No to Sycamore
IMHO, this looks like a gratuitous attempt
to slam Sycamore and pump up Corvis.

first, reporting Sycamore didn't get chosen
WITHOUT providing any reasons isn't helpful
and looks like a cheap shot against a vendor.

second, reporting Corvis "may
have better news" WITHOUT actually winning
anything is shameless chearleading.

finally, EPIK is such a tiny insignificant
company, makes you wonder why this article is
newsworthy?

LR's treatment of Sycamore reminds me of
the early days of LR when LR went after certain
vendors (e.g., LU) with a vengeance, slamming them
every chance it got, publishing disgruntled
employee's email, etc. Although,
recently LR has improved and removed most
of it's tabloid-ness and unabashed bias.

Note, i am not a stockholder or
employee of Sycamore. I heard they
can come across as arrogant. But
disliking their personality is no reason to slam
them with articles of little substance like this.
iprsvp
iprsvp
12/4/2012 | 7:53:34 PM
re: EPIK Says No to Sycamore
http://www.oni.com/index.jsp?n...
All they can afford is 4M. May be sycamore ignored EPIK. Who knows the truth?
Belzebutt
Belzebutt
12/4/2012 | 7:53:33 PM
re: EPIK Says No to Sycamore
This is great... they don't mention LR by name though :)
http://www.netslaves.com/cgi-b...
Telecom_Guy
Telecom_Guy
12/4/2012 | 7:53:32 PM
re: EPIK Says No to Sycamore
Epik has have real money to spend. In today's market no vendor can afford to turn away any customer. We will be seeing alot of vendors go under. The ones with no revenues.
flanker
flanker
12/4/2012 | 7:53:29 PM
re: EPIK Says No to Sycamore
...IMHO, this looks like a gratuitous attempt
to slam Sycamore and pump up Corvis...

Since LR reported that EPIK *was* a Sycamore customer a while back, are you saying LR should not correct their own stories?
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