[By NBC-1TV H. J Yook]Finspreads: Shares in the optical module maker Finisar Corp tumbled at the close of trading on Friday (January 18th), after it was downgraded by investment bank Jefferies and Co, who said that demand for the company's optical communication components are set to suffer from the imminent release of products from Intel and Cisco. Intel announced that silicon-phonotics technology for data centres was to become available in the near future, a move which some analysts believe will have a negative impact on Finisar.

Intel's willingness to integrate silicon phonotics could prove popular with many businesses, as it will reportedly allow much higher data transfers between processors and devices than with traditional technology manufactured by Finisar, meaning less hardware would be required; reducing building and operation costs.