Hi Ken - that is true. However, I'd go one step further to point to Mr Roth & co's broad and specific goals for the direction of the co. In addition to optical and wireless segments, some other units are still in the emerging growth phase(s). eCRM is still in the infancy, but CLFY, together with an assortment of call center related assets, will be another growth driver. The pending acquisition of ATON [here, I am also tipping my hat to Mr Chambers, who has the foresight to acquire ARPT, which I deem on the par with ATON] will further enhance NT's position in the world of speed demons <G>!
From that perspective, NT is doing the right thing in building investment "inventories." This is the real firstmover advantage, by anticipating the future growth of different disruptive developments and the timeliness of staggering their deployments. NOK actually tried by investing into 3G, it is just that there is a gap in between the changeover of revenue driver. And LU, once it's got pinned down, it has to work twice as hard
Just my pre weekend rambling 2c :)
best, Bosco |
