The wipeout now has rolled through every sector: optical networking was the last to go.
In an otherwise ugly equity market today, investors are piling in to optical networking component stocks.
Lucent, Nortel and Ciena have introduced "metro" products that will bring optical networking to local markets.
And CEO Gary Smith sees more good times to come for the optical networking equipment company.
FORBES: Ciena Spikes On Strong FY Q4; A Play On Insatiable Bandwidth Demand
The Oct. 22 initial public offering of Sycamore Networks, an optical networking company, clinched it.
The new optical networking system should not be seen as a replacement for fiber-optic systems, Szelag added.
Shares of optical networking systems company Infinera are trading sharply higher Friday on strong Q4 results.
FORBES: Infinera Soars On Strong Q4 Results; J.P. Morgan Upgrades
Nortel's value is up sixfold since Roth took over in 1997, largely on its strength in optical networking.
There were particularly severe issues for companies making disk drives and optical networking components, but the impact was widespread.
FORBES: Thai Power Woes Threaten Tech Supply Chain; How To Respond
The group is trading sharply lower following disappointing guidance this morning from optical networking component provider Ciena (CIEN).
FORBES: Optical Stocks Slide On Ciena's Weak April Quarter Outlook
The Oct. 22 IPO of Sycamore Networks, an optical networking company, clinched it.
For the second day in a row, optical networking shares are taking a hit on a weak earnings forecast.
FORBES: Finisar Plunges On Weak Outlook; Other Optical Shares Also Crushed
The optical networking sector is trading lower Thursday following a disappointing financial report and outlook last night from Finisar.
FORBES: Finisar's Disappointing Outlook Sinks Optical Stocks
Shares of optical networking provider Oclaro are trading higher Wednesday afternoon after the company said Q4 revenues topped previous guidance.
FORBES: Oclaro Says Q4 Revs Topped Guidance Range; Shrs Jump
Oclaro shares are down sharply, after the optical networking component provider reported disappointing financial performance for its fiscal Q3 ended April 2.
There are fresh signs of trouble for the optical networking sector.
FORBES: New Troubles For The Optical Sector, As EXFO Whiffs Badly
Note that Ciena (CIEN), another player in optical networking, recently spiked on strong results for its October quarter, as the company cited strong fundamental demand.
Lucent, Cisco and Nortel all keenly focus on the coming shift to IP-over-optical networking, but they hold divergent views on when and in what form it will arrive.
Gurus also got rid of optical networking companies Ciena Broadwing.
In the latest sign of weak demand for telecom infrastructure, optical networking supplier JDSU this afternoon posted mixed results for the fiscal first quarter ended September 29.
FORBES: JDSU Posts Mixed FY Q1; Q2 Guidance Misses; Blame Telcos
Shares of the optical networking components maker Finisar are trading higher in late trading after the company posted better-than-expected profits for its fiscal first quarter ended July 31.
Sycamore and Optical are just an early rumbling in the tectonic shift that has begun shaking the telecommunications industry: the move to optical networking, the hottest new market in high tech.
Optical networking equipment is almost entirely all JDSU does.
Shares of optical networking component and test equipment provider JDSU are trading lower Thursday after Raymond James analyst Simon Leopold cut his rating on the stock to Market Perform from Outperform.
FORBES: JDSU: Raymond James Cuts Rating, Trims Ests After Rally
The bottom line is that while you might not ever have heard of Fabrinet, the company plays a key role in the optical networking sector, as a sole source provider of many components.
Optical networking stocks are down sharply Tuesday as investor come to grips with the significant damage from flooding in Thailand to facilities operated by Fabrinet, a contract manufacturer that specifically serves the sector.
FORBES: Optical Stks Fall As Thai Floods Hit Key Supplier Fabrinet
Shares of optical networking components company JDSU, which had rallied after hours on stronger-than-expected results for its fiscal second quarter ended December 31, have reversed course this morning and now trade in the red.
FORBES: JDSU Off Despite Big FY Q2; Margin Woes; UBS Cuts Rating
Infinera's optical routing gear is built around an all-in-one optical networking chip--which it calls a Photonic Integrated Circuit--that shrinks down the work done by a hodgepodge of parts in boxes from other vendors onto a pair of chips smaller than a fingernail.
应用推荐