Both Nokia and Ericsson are constantly looking at small, bolt-on acquisitions and most companies that are in good shape do that.

The likelihood of stumbling is much higher if [like Nokia] you have 80 or 85 percent of earnings coming from handsets rather than 5 percent in the case of Ericsson in the fourth quarter.

There would have been massive integration problems and negative revenue synergies,

We're in really good shape for the finals and we're really looking forward to it.

I'm in good shape.

Many of the companies are small mom and pop operators with a one or two vessels. We won't be looking to buy companies in many cases, but their assets.