To: Paul Fine who wrote (2323 ) 4/2/1999 2:38:00 PM From: Bosco Read Replies (1) | Respond to
Hello Paul - happy Easter to you & everyone here too. I'd be the 1st to defend you if anyone thought you were flaming. As a matter of habits, I like to play devil's advocate myself, even that may prove detrimental to my long position [never shorted a stock before and that probably not about to change anytime soon.] Having said that, I think both the old time BAY holders and the old time Northern Telecom holders should re-educate themselves [your truly included <G>] that this is really a different company. By that I don't mean there won't be slack now and then, especially when we are talking about high end equipments. What I mean is that BAY and NT fill each other portfolio to the extent that lumpiness will be less of a problem. For instance, the strength of Bay switches has helped the delay of the wireless deals last Q. It is entirely possible revenues on the data network side could slack off now and the, especially relative to the strength of the wireline [and wireless] side, but there is always a major thrust somewhere to compensate the timeliness of some of the other contracts.lumpiness ] is an contrarian indicator [your truly recently took a small position in TKLC for that reason <G>.] Now, with a good breadth of the product portfolio, volatility is less prominent [ok, let's not talk about the NYC incident <sg>, or, shall we say, water under the bridge.] Consequently, it attracts fewer traders. At least, that's how I theorize it <G>
