We don't see any turnaround. We're not at a bottom, and it's going to take a couple [of] quarters, ... From that perspective, we think Cisco's guidance was right on.

They came out and fought real hard for a couple of quarters. Here at 'SC, we teach 'finish.' It's not about how the first and second quarter ends or the third, it's about how you finish in the fourth quarter.

They came out and fought real hard for a couple of quarters, ... Here at 'SC, we teach 'finish.' It's not about how the first and second quarter ends or the third, it's about how you finish in the fourth quarter.

It's a capability that Nortel doesn't have today. If the deal happens, Lucent will have more complete metropolitan solutions.

It's a terrific deal, ... It adds legs to Lucent's top line growth.

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.