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News > Technology
CNNfn: Nortel fallout
June 18, 2001: 8:54 a.m. ET

Nortel, JDS Uniphase profit warnings spell gloom for fiber-optic sector
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NEW YORK (CNNfn) - Last week's big pre-earnings warnings from Nortel Networks and JDS Uniphase did more than just knock the wind out of the sector leaders; the news has delivered a hard punch to the fiber-optic sector, once the darling of Wall Street and venture capital companies.

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CNNfn's Chris Huntington takes a look at the fallout of the slowing economy and eroding investment on the optical networking sector. graphic





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