Dear Mang - always good to read your post, how've you been? I am not sure I would agree with you though. Maybe I ve not followed NT, but honestly, I ve never heard of NT's rise b/c of CSCO's interest. Rather, it seems that LU, NT and Alcatel have tracked pretty well with one another, with LU being perceived as the top dog and thus has garnered more attention.
Also, I am not sure the parallel between COMS/USRX and NT/BAY works. I mean, no offense, the former is the marriage of 2 highly cost effective commodity networkers, while BAY has a different set of problems. The latter has a sad chapter in its merger history. The counterpoint is that this time it is not merger of equals. The latter also has a declining segment, namely, shared media. However, I'd think that it is factored in to the risk/reward between the declining SM and ramping up of switches.
Best, Bosco |
