I noticed the same mannerisms and wondered if he was using a tele-prompter.
At any rate, here's another positive snippet on the sector:
From SG Cowen’s Tech Radar dated 10/30
Data Networking And Optical
* Ryan Hankin Kent significantly raised 2001 forecast for N.A. fiber-optic data-transport CapEx from $19.4B to $29.3B (+42% Y/Y). RHK expects spending to reach $45.4B in 2004. (Source: WSJ)
* Separately, CWP (NR, $42) annc’d it will invest JPY150B ($1.4B) over the next five years to expand its data transmission capabilities in Japan. (Source: Bloomberg)
* The new fiber optic and DSL network will connect ~80 cities in 47 prefectures.
* CWP's Japanese unit invested ~JPY10B per year for CapEx prior to its acquisition by CWP.
* NT (Strong Buy, $43), JNPR (Strong Buy, $181), RBAK (Strong Buy, $), LU (Buy, $21) – Sharply higher forecast should alleviate concerns over slowing demand for optical systems.
* JDSU (Strong Buy, $77), SDLI (NR, $253), AVNX (NR, $100), GLW (NR, $76), NUFO (NR, $61), AMCC (Buy, $141), PMCS (Buy, $165) – Higher forecast should alleviate concerns over inventory work-downs for components.
>>>>>>>>>>>>>>>>>
Alice in Wonderland couldn't have been any more baffled by the disparity of opinions.
Pat |
