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“Nokia realized in the 1990s that focusing on digital technology would enable them to gain market share from their competitors.”
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“In our view, Lucent's problems in optical reflect poor execution, but do not signal a slowdown in the underlying industry spending in optical.”
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“We believe Nextel is uniquely positioned to win this spectrum in an auction process, perhaps at a lower price than the $8.3 billion hostile tender offer disclosed yesterday.”
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