Epoch Partners Issues Company Update on Communications Equipment Systems

Potential Worldcom, XO Spending Cuts Would Hurt Equipment Vendors



Apr 26, 2001, 01:00 ET from Epoch Partners, Inc.

    SAN FRANCISCO, April 26 /PRNewswire/ -- Epoch Partners today announced it
 has issued a Research Note on Communications Equipment Systems. The Note is
 available for free to investors through the Epoch Web site www.epoch.com.
     The Research Note, issued by, Senior Research Analyst for Communications
 Equipment Systems, discusses the current investment thesis of Communications
 Equipment Systems.
 
     Highlights from the report include the following:
 
     -- On a relative basis, smaller players -- Ceragon (Nasdaq: CRNT),
        Juniper (Nasdaq: JNPR), and Ciena (Nasdaq: CIEN) -- will be the
        companies most bruised if XO Communications and Worldcom announce lower
        cap-ex guidance tomorrow.
     -- Comments from service providers that have announced earnings this
        quarter suggest that vendors should face increased pricing pressure.
     -- Our full note is available free at:  www.epoch.com.
 
     Communications Equipment Research Coverage
     Investors can visit Epoch's Web site to read research coverage on the
 following public companies:  Avanex Corporation, Avici Systems, Bookham,
 Ceragon Networks, CIENA Corporation, Cisco Systems, Corning, Corvis
 Corporation, Endwave Corporation, Finisar Corporation, Floware Wireless
 Systems, Foundry Networks, JDS Uniphase Corporation, Juniper Networks, Lucent
 Technologies, Netro Corporation, New Focus, Inc., Nortel Corporation, Sycamore
 Networks, and UTStarcom, Inc.
     In addition, investors can be added to the Communications Equipment email
 alert system, which alerts investors to new research in the Communications
 Equipment sector. To be added to this alert system visit
 http://pluto.sparklist.com/scripts/lyris.pl?join=epochcommeq .
     Full research coverage on other companies under coverage by Epoch is
 available for free to investors through the Epoch Web site (www.epoch.com).
     Epoch Partners is a technology-enabled investment bank focused on
 high-growth companies and electronically connected institutional and
 individual investors.
     Ameritrade, a minority shareholder of Epoch Partners, has been an
 underwriting manager or co-manager of Finisar Corporation in the last three
 years.
     The information contained herein is based on sources believed to be
 reliable but is neither all inclusive nor guaranteed by Epoch Partners.
 Opinions, if any, reflect our judgment at this time and are subject to change.
 Epoch Partners does not undertake to advise of changes in its opinion or the
 information. Epoch Partners may perform or seek to perform investment banking
 services for the issuers of securities which are the subject of our Research.
 Most of the companies Epoch Partners follows are emerging growth companies
 whose securities typically involve a higher degree of risk and more volatility
 than the securities of more established companies. The securities discussed in
 the Epoch Partners Research may be unsuitable for investors depending on their
 specific investment objectives and financial situation and needs. No report
 included in the Epoch Partners Research is a recommendation that any
 particular investor should purchase or sell any particular security in any
 amount or at all and is not a solicitation of any offer to purchase or sell
 from or to any particular investor. For additional information that may be
 available on the securities mentioned, please contact Epoch Partners. This
 document has been published in the United States for Residents of the United
 States.
 
     Epoch Partners is a member of the National Association of Securities
 Dealers, CRD number 103899. Member NASD/SIPC.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X98445676
 
 

SOURCE Epoch Partners, Inc.
    SAN FRANCISCO, April 26 /PRNewswire/ -- Epoch Partners today announced it
 has issued a Research Note on Communications Equipment Systems. The Note is
 available for free to investors through the Epoch Web site www.epoch.com.
     The Research Note, issued by, Senior Research Analyst for Communications
 Equipment Systems, discusses the current investment thesis of Communications
 Equipment Systems.
 
     Highlights from the report include the following:
 
     -- On a relative basis, smaller players -- Ceragon (Nasdaq: CRNT),
        Juniper (Nasdaq: JNPR), and Ciena (Nasdaq: CIEN) -- will be the
        companies most bruised if XO Communications and Worldcom announce lower
        cap-ex guidance tomorrow.
     -- Comments from service providers that have announced earnings this
        quarter suggest that vendors should face increased pricing pressure.
     -- Our full note is available free at:  www.epoch.com.
 
     Communications Equipment Research Coverage
     Investors can visit Epoch's Web site to read research coverage on the
 following public companies:  Avanex Corporation, Avici Systems, Bookham,
 Ceragon Networks, CIENA Corporation, Cisco Systems, Corning, Corvis
 Corporation, Endwave Corporation, Finisar Corporation, Floware Wireless
 Systems, Foundry Networks, JDS Uniphase Corporation, Juniper Networks, Lucent
 Technologies, Netro Corporation, New Focus, Inc., Nortel Corporation, Sycamore
 Networks, and UTStarcom, Inc.
     In addition, investors can be added to the Communications Equipment email
 alert system, which alerts investors to new research in the Communications
 Equipment sector. To be added to this alert system visit
 http://pluto.sparklist.com/scripts/lyris.pl?join=epochcommeq .
     Full research coverage on other companies under coverage by Epoch is
 available for free to investors through the Epoch Web site (www.epoch.com).
     Epoch Partners is a technology-enabled investment bank focused on
 high-growth companies and electronically connected institutional and
 individual investors.
     Ameritrade, a minority shareholder of Epoch Partners, has been an
 underwriting manager or co-manager of Finisar Corporation in the last three
 years.
     The information contained herein is based on sources believed to be
 reliable but is neither all inclusive nor guaranteed by Epoch Partners.
 Opinions, if any, reflect our judgment at this time and are subject to change.
 Epoch Partners does not undertake to advise of changes in its opinion or the
 information. Epoch Partners may perform or seek to perform investment banking
 services for the issuers of securities which are the subject of our Research.
 Most of the companies Epoch Partners follows are emerging growth companies
 whose securities typically involve a higher degree of risk and more volatility
 than the securities of more established companies. The securities discussed in
 the Epoch Partners Research may be unsuitable for investors depending on their
 specific investment objectives and financial situation and needs. No report
 included in the Epoch Partners Research is a recommendation that any
 particular investor should purchase or sell any particular security in any
 amount or at all and is not a solicitation of any offer to purchase or sell
 from or to any particular investor. For additional information that may be
 available on the securities mentioned, please contact Epoch Partners. This
 document has been published in the United States for Residents of the United
 States.
 
     Epoch Partners is a member of the National Association of Securities
 Dealers, CRD number 103899. Member NASD/SIPC.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X98445676
 
 SOURCE  Epoch Partners, Inc.