Nikos Theodosopoulos Quotations

We continue to believe LU won the IMS deal at BLS.

We do not believe Cisco will pre-announce a shortfall for the April quarter.

The quarter was much better than expected - revenues were way ahead of plan.

We are not going to see a slowdown in demand for LCD TVs. Oil hit $60 and there was no slowdown. We are still in the early phase of flat panel TVs.

Acquisitions are very important. And in fact one of the distinguishing factors between Cisco, Lucent, and Nortel is the ability to successfully acquire. Most of the new exciting technologies are coming from start-ups. And the ability for these companies to identify those start-ups and properly integrate them is going to be an ongoing differentiating factor.

It's clearly becoming a more concentrated industry from a consumer standpoint, and with Cisco buying Scientific-Atlanta and now this deal, it's going to be difficult for smaller companies.