AS - again catching up on the posts here as I was busy this morning . As I posted yesterday, I really don't want to be drawn into a political debate, etc - and after our last adventure, which I had a strong partisan bent on, I am convinced it really doesn't do the thread any good.
So, I really won't respond to much of what you have wrote - except to say the following (Your notes in quotes):
"Anyway, add Nader votes to Gore's and 56% voted for someone other than Bush. You can support Bush all you want just don't fool yourself into thinking he won the popular vote "
True - but yet you could add Perot's votes to Papa Bush's in 1992 and you could add Perot's votes to Dole's in 1996 - and in both cases MORE than 56% voted for someone OTHER than Clinton. So what is your point? (Rhetorical question - no need to answer)
"In a just world McCain would be president now anyway and you know it."
UMMMM, thats why we have elections.
OK - enough politics - onto a couple other subjects:
You question Ashok Kumar in one of your posts - As much as I detest many Analysts - Kumar has been more right than most - and is never one afraid to make a contrarian statement. So, I wouldn't dismiss him so lightly.
Finally, LU - as I noted before, this is one screwed up company. Management has sucked - palin and simple. They are struggling to turn things around - and taking some desperate steps to do so. Do some research into the AGERE IPO - they are pretty desperate to get this thing sold. Here are just a few links
www2.marketwatch.com
public.wsj.com
And this was supposed to be one of LU's crown jewels. As far as the deal with VZ - all you know is the total contract price. FOr all we know, they can be giving away the farm - just to maintain capacity. As Kanetsu pointed out, a big contract at a negative margin can't be good. WHile I won't be that negative, I truly doubt their is any strong semblance of profit margin built in for LU in this deal. Face it, they are desperate - sure, the contract sounds nice on the surface, but don't expect big profit windfalls from it. |
