John Mulqueen

Revenue and profit margins for optical carriers targeting businesses are skyrocketing, while Internet companies delivered mixed results. Broadwing, the company formed after Cincinnati Bell bought IXC Communications in November 1999, said total revenue for 2000s final quarter rose 27 percent to $561 million, and 23 percent for the year to $2 billion. Data supplied 70 […]

Despite market concern over the heavy debt loads of European telecom players, British Telecom had no trouble attracting investors to two of the biggest bond offerings on record — totaling nearly $20 billion. BT raised $10 billion in the capital markets in early December and another $9.15 billion this month, all amid cautionary tales by […]

Odds are that the Nasdaq will stay at less than 2,500, and maybe even go to less than 2,000, according to the Puke Point Poll. Admittedly an unscientific survey and probably weighted at the negative end of the investment sentiment scale, the Puke Point Poll nevertheless has accurately forecast the downward trend in the market […]

Telecommunications carriers may be cutting back on purchases of circuit switches and legacy transmission equipment, but they are shelling out billions of dollars for high-end routers and optical networking gear in 2001 in hopes of cutting operating costs and supporting new revenue- generating services. Several manufacturers of the routers and optical equipment were so positive […]

Telecommunications equipment vendors have been among the most battered stocks on the Nasdaq, driven down by fears that carriers will cut capital spending and that emerging carriers will run out of money or perhaps even disappear. Two software vendors that have bucked the trend are Tekelec, an established supplier, and Ulticom, a 6-month-old spin-off from […]

Folk wisdom is the best, and doubly so when you can apply it to sophisticated worlds such as Wall Street and high technology. Rummaging through offerings at a used-book sale recently, I found Yiddish Proverbs: The Essence of Yiddish Wit and Wisdom in Yiddish & English on Facing Pages, edited by Hanan J Ayalti. Here […]

Retirees who gave up bingo for the stock market are mostly gone, but professional day traders are still around, basking in a volatile stock market. The market downturn has shrunk the corps of amateurs bellying up to terminals or trading through online firms, but some firms catering to “active traders” report they are doing better […]

The Australians, British, Canadians and Germans are coming, and U.S. securities exchanges have been freed to compete with them by marketing a new securities instrument that may make it easier to short stocks. The new products are futures on individual stocks that have been banned since 1982, but will now be permitted by legislation signed […]

January is supposed to be the month in which investors get their Christmas gifts, especially investors who like small cap stocks. Academic studies have confirmed Wall Street lore that in the first month of the year small cap stocks achieve 50 percent of their gains for the entire year. And on top of that, smaller […]

The success of the Federal Reserve Boards dramatic half-point reduction in interest rates last week will depend on how much it shores up deteriorating consumer and business confidence in the economy. And business-oriented tax cuts may still be needed to back up the Feds action, according to economists. “The key issue is what it does […]

While technology suppliers that have built the Internet – and have the engineers, technicians and, perhaps as important, the customers who take naturally to cyberspace – are finding the Web a great place to ply their wares, the biggest moneymaker on the Interactive 500 is a company founded almost a century ago by a bicycle […]