Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (33414)	5/10/2003 12:49:18 AM
From: EL KABONG!!!	Read Replies (2) \| Respond to of 74559

Hi elmatador, Aquisitions within the telecom industry is, for now, a moot point, as there is no one currently in the industry who can afford to buy even as much as two tin cans and a ball of string, let alone a competitor. Look at Marconi as just one example. So, that leaves mergers. Lucy tried that route with Alcatel some 3 years ago now. The Europeans and the Americans are just too far apart in the way they conduct business to seriously consider any mergers. So, that would mean that Europe "marries" Europe and North America "marries" North America. Even though it's necessary, I think it ain't gonna happen any time soon. Cisco is the best positioned "external" company to firmly establish itself by acquiring someone in telecom. But why should they spend $X billion today when they can likely spend $X billion discounted "tomorrow", as some of these companies are likely to embrace bankruptcy in the not too distant future... No buyers at today's prices, and no mergers likely as everyone want to emerge from any merger as the controlling entity. No compromises on the horizon. So that means BK looks to be the decisive factor on who survives and who doesn't... KJC