eric--
are you saying that my perception isnt reality?!?!?!? THE TEMERITY!!!!
just kidding....
what i am saying is that in t amount of time WSTL will be back up. what will have changed? nothing. the company being purchased does not create something new, its something we have expected. the street likes to make investment decisions based on fear. i dont. i guess my point is that the REALITY of WSTL is not nearly as dark and gloomy as the price makes it seem. its at a valuation equivalent to not having BEL AT ALL.
sedding to gain marketshare. i have heard it so many times i am sick to death of it. the fact remains though, TXN is probably a more efficient producer of chips than ALA. so, it gives WSTL pricing flexiblity that ALA doesnt have. in big deployments i doubt ALA will be willing to loose much money with the prospect of never making it back.
sure, their costs on chips may be extremely high, but the actual board costs may be cheap and so it all evens out, right? no. semiconductors dont work that way. if they were to spin off mietec while keeping a majority position, they could squeeze the company to death. but the analysts could see through it. its just hard to make money on a product when you loose money making the most expensive componet.
this applies not only to the modems, but the DSLAMS as well, though they might make a little profit on those<G>.
semiconductors can ruin your whole day if you dont do them right. i for one am very pleased to be in a stock that doesnt produce them.
well, you can verify the intital BEL trials, as well as the CMU, GTE CLEC (though not substantial) and a variety of other trials. if memory serves, this ALA/singtelecom deal was a trial as well.
on the WSTL side we also have the deal with telecom italia, BT and BEL.
netspeed has USWest, a few ISPs maybe?
ORCTF probably has DT, and with fujitsu the GTE ILEC deployment. the problem there is the lionshare of it goes to fujitsu.
anyone want to expand?
good luck to all,
trey
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