A big step forward in tiny technology; switching gear may lift prospects for an array of miniature machines

Article Abstract:

Nortel Networks Corp. and Cronos Integrated Microsystems Inc. are two of the companies that are designing and manufacturing MEMS or microelectromechanical systems switches. These MEMS-based switches will be used with tiny mirrors to direct the flow of lightwaves more efficiently through fiber optic cables that comprise the Internet's backbone.

Canada, Other Measuring and Controlling Device Manufacturing, Fiber Optic Switches & Modulators, Hardware product development, Computer hardware, Nortel Networks Corp., NT, Fiber optics industry, Miniature electronic equipment, Microelectronics, Cronos Integrated Microsystems Inc.

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JDS Uniphase will write down $44.8 billion in asets

Article Abstract:

Possibly showing the biggest loss in corporate history, JDS Uniphase is writing down $44.8 billion accompanied by 7,000. The telecommunication network companies have no money to buy equipment so JDS and other component companies are looking at 6 to 9 months of potential losses. JDS is going to cut company costs by $700 million with hope of breaking even on $350 million quarterly revenue. Noting that these numbers are on paper only, JDS did make $65 million more cash than it used in the last quarter.

Sales, profits & dividends, Instruments to measure electricity, Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals, Communications Test Equip, Instrument industry (Equipment), Management, Finance, Testing and measuring equipment industry, Contracts, Company sales and earnings, Company earnings/profit, JDS Uniphase, Telecommunications testing equipment, Straus, Jozef

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Investors Excited by Device To Close a Heart Defect

Article Abstract:

NMT Medical Inc., a medical device company based in Boston, is leading the way in the development a cardiovascular device that may be effective in treating strokes and migraines. Clinical trials are underway for a device that will control patent foramen ovale, a common heart defect.

Medical Instruments and Supplies, Medical Equipment and Supplies Manufacturing, Medical Instruments & Supplies, Care and treatment, Diagnosis, Causes of, Stroke (Disease), Stroke, Congenital heart disease, Congenital heart defects, Medical equipment and supplies industry, Medical equipment industry, Cardiovascular instruments, Implanted, Cardiovascular implants, Cerebrovascular disease, Cerebrovascular disorders, Migraine, Medical test kit industry, NMT Medical Inc., NMTI

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