My understanding of Nokia's management makes it unlikely that they would want to do this, ... Nokia has been doing well with organic growth and not doing large acquisitions. On the other hand, Lucent has a lot of assets that might be valuable, and some of those assets might match up well with Nokia. Lucent needs strong management, and Nokia definitely has that.
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is facing competition in key segment markets.Paul Sagawa
They can get additional debt financing the question is, what do they have to pay for it.
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It's a terrific deal. It adds legs to Lucent's top line growth.
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The Chinese market would be weak even if SARS had never happened. It's just the icing on the cake.
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Chambers did say that the second quarter will be more challenging for the company,
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In the period until the merger is consummated and maybe the quarter afterwards, there tends to be a lull in capital spending, followed by a burst after they do their integration planning, to more than make up for it.
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