Optical Access Postpones Its IPO, Citing Tumble in Technology Stocks

Article Abstract:

Chelmsford, Mss.-based Optical Access International Inc. will postpone the launch of its initial public offering. Optical Access, which manufactures free-space optics, is owned by Chatsworth, Calif.-based MRV Communications Inc.

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National Semiconductor's results beat lowered expectations in period

Article Abstract:

National Semiconductor Corp. posted higher-than-expected earnings for the fiscal fourth-quarter ending May 27, 2001. The company posted a $44.4 million (52.4 million euros) net loss for the period, compared to $153.9 million in net income during the same 2000 period.

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Infineon loss shows weakness of relying on volatile chips

Article Abstract:

Infineon Technologies AG posted a major loss for the 2001 third-quarter. The company posted a 371 million euros net loss for the period, compared to a 266 million euros profit in the same 2000 period.

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