This article is selling news packaged for 1999.
Someone said this company had 400 million in the bank? That is just flat out horrible capital utilization. This is one sad story,and is indicative of a VC bubble remnent, someone will buy this beast for the cash. Who is running this company? How could anyone utilize capital so poorly, is it true there were only 1.25 million in revenue for the quarter?
The rationalization about lack of switching between
broadband providers is truly naive. In the network thats coming, The Network IS the Switch, and SW not hardware will run it.
If you want an indication of whats working and what is not, check out UTSI. They are kicking serious butt on the basis of a dynamic network architecture, they are dedicated to the Soft Switch and facilitate differing stadards, fiber, wireless...dont matter. Now that is a business model.
UTSI is the first serious threat to CSCO to come along in 10 years. That is not a prediction, what it says is that the Network itself is changing to accomadate variables unforcasted 4 years ago, UTSI gets it, they dont give a damn what system some vulture capitalist wants, they strive to deliver a product that pays back the investor and provides the user with what they are looking for, Sadly CORV never got it.
US carriers have in their haste to control through law and regulation, forcing the applications and the users to conform to the mess thats followed. |
