Hiya,
Lucent is NO threat to Cisco.... Under any circumstance, under any scenario, after any and all acquisitions they may make.
Their model is flawed, witness Cisco's deal with KPMG vs Lucent's deal with that company they bought....
Cisco Strenghts:
1- IOS, is as close as a MicroSoft lock in the Networking world I have ever seen. No one comes close, and it IS a VALUE Chain GG, with other smaller companies writing to it (the "IOS") a la Microsoft...
2- 65% Margins, a fabless, contracted out manufacturing operation , VERY Focused.
3- Aggressive go-go culture, vs the old RBOC culture of slow-mo... Cisco makes decisions in the time the Lucents/Nortel approach a situation
4- Employee retention in the 93% with 50% of the lost cisco employees dropped a year by "involuntary means" aka firing, the bottom 5% of the company.
5- Alliances up the Wazoo, a value chain built around it, hordes of cash for acquisitions...
I can go on, but I am tired.... <g> tonight
Take care
Jean |
