Mang, I have to agree with Bosco. I never heard any mention that Cisco was out to buy NT. Quite honestly, I don't quite see how they could pull it off either.
As far as the merge, with House as Pres of NT, do you think he really needs to go back and change what he just fixed from the Wellfleet/Synoptics mess? My feeling is that he's already got 20 months of reconstructive surgery out of the way so it's a matter of pulling in the data business from NT. House is a man of action. He's efficient, he's able get things done, ( probably because he's not wasting time on these boards ) and he's in this game to win. The USRX/3com merge was doomed from day one because they both have tremendous commodity exposure not because of any geography problems. Clearly these things can be done right, with proper management. If LU had been the suitor, perhaps there may be more merger pains because of the increased overlap in technology. With NT, I see very little overlap and lots of synergy.
I think once earnings are out of the way, the picture will clear up. It's funny that almost every article I read has a negative twist, i.e. NY Times last Monday had a bit saying that Bay had disappointed 5 out of the last 9 quarters, which is true. On the other hand, Bay also beat estimates 4 of the last 5. BTW, House has only been there for those 5. So give credit to Ludwick for blowing 4 of 4. In my book, House is batting .800
GR |
