Hello Chaz - in a way, I agree with you that NT should keep in the cutting [but hope not bleeding <g>] edge and thus continue growth [products, revs, and earnings.] However, my idea of loading the dice is more than just perception. By giving the advantages to companies with perceived strength, WS is in effect giving better liquidities [i.e., currencies of the stock] to those companies. For instance, a lot of net stocks are really no more than a shell with some clever programming [some don't even have the latter;] however, once WS has anointed the stock, the company can then go out and buy some *real* companies. Within the networking arena, CSCO has been blessed with such an advantage. Now, I am not saying CSCO did not deserve its success. Obviously, Mr Chambers is a great competitor. However, if NT has a better *currency*, it certainly can play an even better game than it is playing now. Now, I don't mean NT is lacking anything technically or fundamentally speaking. But there is certainly rooms for improvement. It should even learn something from LU! About a year ago, when someone tried to accuse LU of using some aggressive accounting, its CFO came out immediately to defend its practice without stepping on the ego of them analysts. To us technies, maybe it is a superflous thing. However, many people on WS are really a big baby!
best, Bosco |
