Corvis said quarterly sales declined 94 percent, to a meager $1.4 million, as the fiber-optics maker promised to cut expenses and wait out the telecommunications slump. "The market remains challenging and in many areas continues to get worse," David R. Huber, Corvis's chairman and chief executive. Ouch. They would be better off selling books. Or burgers. Or beer. (Anything!) Corvis's Loss Widens As Sales Plummet |