The Finns are not by nature impulsive. Any final price tag for Lucent probably would be around 100 billion. Who out there can do a 100 billion deal these days
More Quotes from Paul Sagawa:
It's a terrific move. It creates two businesses, each focused on their own area, and two investment vehicles that are more closely aligned with the kind of performance that investors are looking for.Paul Sagawa
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.
Paul Sagawa
The Chinese market would be weak even if SARS had never happened. It's just the icing on the cake.
Paul Sagawa
This is a company that executes very well and even though the demand for cell phones might be slowing, they're taking additional market share, ... We think they're going to keep taking additional market share.
Paul Sagawa
They can get additional debt financing the question is, what do they have to pay for it.
Paul Sagawa
I think 15 is a baseline, a minimum forecast. All our checks suggest strong growth.
Paul Sagawa
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Justice is conscience, not a personal conscience but the conscience of the whole of humanity. Those who clearly recognize the voice of their own conscience usually recognize also the voice of justice.
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