Michael Ching
Michael Ching
Michael Ching is an American composer, conductor, and music administrator. A prolific and eclectic composer, he is best known nationally as the composer of innovative operas, including his a cappella adaptation of Shakespeare's A Midsummer Night's Dream. His other major operas include Buoso's Ghost, Corps of Discovery, Slaying the Dragon, Speed Dating Tonight!, and Alice Ryley...
believe change exposure factors largely last modest results spoke
We spoke to Cisco last night, and we do not think there is any change in its business. We believe the factors impacting Intel's results are largely immaterial to Cisco. Cisco has a very modest exposure of revenues to Europe.
aggressive bad believe company concerns credit debt emerging increasing issues policy provider providing quarter reflects reserves results september service towards
We believe that most of the issues impacting Lucent's September quarter results are company specific. Even increasing bad debt reserves because of emerging service provider credit concerns reflects Lucent's aggressive policy towards providing vendor financing.
bloated company inventory model older slowing suffers transition
Specifically, the company suffers from a bloated inventory of older model phones, which is slowing the transition to newer, higher-margin products.
believe current discussion media recently run
Lucent has run up recently on media discussion of being a take-over target. We believe that in the current environment, this is a possibility.
informed
I wasn't even informed that it was up today.
believe opening stock
We believe that even with the stock opening down significantly, the stock will probably be overvalued.
although bottom company continue due earnings emerging expect focus fourth investors per positive quarter report second share turn
With the restructuring essentially finished, we expect investors to now focus on 3Com's emerging technologies and its bottom line. We continue to look for the company to report a breakeven fourth quarter, although earnings per share could turn positive in the second quarter due to non-operating gains.
believe fact indication management next numbers slow upside whether
The fact is that Next Level's management has no indication as to whether Qwest will actually slow down VDSL deployment. We do not believe that there will be any upside to next year's numbers from Qwest and, in fact, there may be some downside.