SI
SI
discoversearch

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.
Technology Stocks : Bookham Technology -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (358)5/6/2004 5:37:19 PM
From: Mahatmabenfoo  Read Replies (1) | Respond to of 376
 
--They are going to need every bit of the cash they have and it still might not be enough

Yep. I certainly don't understand that market, but that's what it looks like to me.

Funny -- we've seen this before. A company makes impressive acquisitions, makes daring cost cutting, and still winds up nothing.

During the go-go 90's Lucent made some giant acquisitions -- think it paid $800M or something for one of them. And they mostly added up to nothing.

- Charles