News from SkyCross, Tech Data and Reptron. Fourthstage merger smells like a takeover. Despite slashing more than 200 jobs and closing two development centers, broadband hardware maker blames telecom slowdown for first quarter's red ink. Not the fiber optic test geeks at Digital Lightwave. Doubles sales, profits triple.
Shares soar in after-market trading.
Phones to voice mail. Workers told it's over, but not told when. Details sketchy but more than 100 workers could see pink slips this month. Telephone equipment maker says it needs second round of layoffs to trim expenses as market softens. The maker of zone cabling cabinets plans to merge with a Long Island-based specialty distributor of electronic cable assemblies.