7/21/2019 Light Reading - Doubts Still Dog IPoDWDM

http://slidepdf.com/reader/full/light-reading-doubts-still-dog-ipodwdm 1/2

Doubts Still Dog IPoDWDM

COMMENT (11)

50% 50%

Tweet 0

NEWS ANALYSIS

CRAIG

MATSUMOTO

8/13/2010

Login

Ciso S!s"#$s In (N&s'& CSCO) is *&++! &,o-" & .#+o." s&!ing I o#. 

WM (IoWM) is in & $&o.i"! o &..i#.s4 +&ns6 ,-" &n&!s"s s"i &.#n4"

onin#' "*# "#*noog! is & "*&" 7i'#s+.#&'

o. & o" o "*os# &..i#.s6 IoWM is on! ,#ing -s#' in & #7 s+o"s 7*#.# i"

&n -" os"s6 s&!s Mi*&# 9o7&.'6 +.ini+& &n&!s" o Inon#"is R#s#&.*

In

:T*#.# &.# & o-+# o ,ig Asi&n o+#.&"o.s "*&" &.# -sing i" "o'&!6 ,-" o#.&6 i"4s

+.#""! $ini$&6: 9o7&.' s&!s

IoWM ino#s +-""ing & "-n&,# WM in"#.&# on & .o-"#. T*# $o.#

no.$& +.&"i# is "o *&# "*# .o-"#. ##' & ".&ns+on'#. s!s"#$6 7*i* in "-.n&ssigns "*# ".&i "o & WM 7&##ng"* So6 IoWM &n #i$in&"# "*&"

".&ns+on'#. ,o;6 $&<ing "*# n#"7o.< & i""# si$+#. &n'6 "*#o.#"i&!6 & i""#

*#&+#. "o .-n (S## Ciso4s CRS=1 Go#s O+"i&)

Ciso s"&."#' +-s*ing "*# "#*noog! &,o-" i# !#&.s &go6 &n' A&"#=L-#n"

(NYSE ALU) &n' >-ni+#. N#"7o.<s In (NYSE >NR) no7 s-++o." i" &s 7#6

&,#i" 7i"* #ss g-s"o ?-" 7*#n i" o$#s "o on#.ging +&<#" &n' o+"i&

&!#.s6 $o.# &""#n"ion *&s gon# "o +&<#"=o+"i& ".&ns+o." s!s"#$s (=OTS)

&n' si$i&. '#i#s6 7*#.# .o-"ing -n"ions g#" &''#' "o & WM s!s"#$6 "*#

+*ioso+*i& o++osi"# o IoWM

So6 Ciso 7&s "*.i#' ,! & .##n" Inon#"is s-.#! 7*#.# *& "*# o+#.&"o.s

+o#' s&i' "*#! 7#.# -sing IoWM &.#&'! o. 7o-' ,# -sing i" ,! "*# #n' o 

"*# !#&. S##n"! +#.#n" s&i' "*#!4' ,# -sing i" ,! 2012

Ciso +o++#' "*# *&$+&gn# 7i"* & ,og #n".! == i"ing sig*"! 'i#.#n"

Inon#"is n-$,#.s (85 +#.#n" &'o+"ion o IoWM beyond  2012) == &,o-"

IoWM in&! :.ossing "*# *&s$6: "*# o#.-s#' in'-s".! +*.&s# o. &

"#*noog! going $&ins".#&$

9o7&.' &'$i"s "o ,#ing i$+.#ss#' &" "*# ,.#&'"* o &..i#.s onsi'#.ingIoWM @-i"# & #7 :7#.# +.#""! s-.# "*#.# 7o-' ,# & goo' .#&son "o -s#

IoWM6 in & os"=s&ing ,&sis6 ,! 20136: *# s&!s ?-" *# &''s "*&" #ss

"*&n 106000 IoWM in"#.&#s &.# in +&# (N#&.! & o "*#$ &.# Ciso4s6

,! "*# 7&!)

?-" Ciso "*in<s i"4s -n&i. "o & IoWM & on#=no'# ing6 &n' "*# o$+&n!

'#ni#s "*&" "*# "#*noog! is ,#ing -s#' on! o++o."-nis"i&! :W# *&# $&n!

s#.i# +.oi'#.s "*&" -s# "*is ,.o&'! &s "*#i. $&in ,&<,on# ".&ns+o." s".&"#g!

&n' &.# no7 $oing i" in"o "*# $#".o6: 7.i"#s Mi<# C&+-&no6 Ciso4s 'i.#"o. o 

s#.i# +.oi'#. $&.<#"ing

Ciso isn4" 'isosing 7*o4s -sing *o7 $-* IoWM6 ,-" i"s n&$#'

-s"o$#.s in-'# Co$&s" Co.+ (N&s'& CMCSA6 CMCS)6 #-"s*#

T##<o$ AG (NYSE T)6 .## 6 &B&<*T##o$ 6 N#"i& 9o'ings SA 6 S+.in"

ShareShare

ht Reading - Doubts Still Dog IPoDWDM http://www.lightreading.com/document.aspdoc!id"#$%&#$'print"(es

* %/)+/*+)& ),:,&

7/21/2019 Light Reading - Doubts Still Dog IPoDWDM

http://slidepdf.com/reader/full/light-reading-doubts-still-dog-ipodwdm 2/2

(11) COMMENT EMAIL T9IS RINT RSS

Co.+ (NYSE S)6 T=Co$ 6 &n' T#i&Son#.& A? (N&s'& TLSN)

S"i6 =OTS &n' o"*#. o.$s o +&<#"/o+"i& on#.g#n# s##$ "o ,# $o.# on

&..i#.s4 $in's :T*# $o.# I "&< "o #n'o.s &n' o+#.&"o.s &,o-" "*&"6 "*#.# -s"

s##$s "o ,# #ss &n' #ss n##': o. IoWM6 &n' $o.# in"#.#s" in -sing

=OTS "o ,!+&ss so$# o.# .o-"#. +o."s6 s&!s Heavy Reading  &n&!s" S"#.ing

#..in (S## D#n'o.s T&.g#" "*# &<#"=O+"i& Co.#)

:I"4s &$os" "*# $os" -ni#.s& "*ing I o$# &.oss T*#! 7&n" "o oo&' "*#

,-.'#n on "*os# .o-"#.s o. ".&nsi" ".&i W*i* is "*# o++osi"# o IoWM6:

#..in s&!s :I 7&s "&<ing 7i"* Co$&s" Co.+ (N&s'& CMCSA6 CMCS) &s"

7##<6 &n' they're in"#.#s"#' in "*&": (Co$&s" 7&s &n #&.! +.o+on#n" o 

IoWM)

 Ano"*#. +.o,#$6 #s+#i&! o. &.g# &..i#.s6 is "*# o+#.&"ion& -#s"ion "*&"

IoWM .#&"#s6 ,#&-s# i" ,-.s "*# '#ini"ion o 7*i* +&." o "*# o+#.&"ion

o7ns "*# 7&##ng"* I i"4s "*# .o-"#. si'#6 "*#n "*os# +#o+# n##' & 7&! "o in'

o-" i "*# 7&##ng"* is ##n &&i&,# on "*# o+"i& ".&ns+o." si'#

Con".o=+&n# inno&"ions s-* &s GMLS &.# s-++os#' "o *#+ 7i"* "*&" iss-#6

,-" in so$# &s#s6 "*# &ns7#. o$#s 'o7n "o & .o-"#. +#.son going o#. "o "*#

o+"i& g.o-+ &n' &s<ing o. & 7&##ng"*6 9o7&.' s&!s T*&"4s no" +&."i-&.!

s&&,#

Ciso no"#s6 "*o-g*6 "*&" "*is is & 7#=<no7n +.o,#$ "*&"4s &'ing &7&! :T*#

sio#' 'o$&ins o 2005 *&# &.#&'! $#.g#' in $&n! s#.i# +.oi'#.s: &n' 7i

#;is" in -s" 5 +#.#n" o o+#.&"o.s ,! 20126 C&+-&no 7.i"#s6 -o"ing $o.#

Inon#"is n-$,#.s

W*&"4s in"#.#s"ing is "*&" Ciso o-' *#'g# i"s ,#"s ,! &''ing =OTS I"s .##n"

&-isi"ion o Co.#O+"is &++#&.s "o ,# $o"i&"#' ,! "*# o$ing 100=G,i"/s

o+"i& g#n#.&"ion6 ,-" E# G.ii*#s o ACG R#s#&.* "*in<s i" &so +oin"s "o &

=OTS +&n (S## Ciso R#n#7s O+"i& o-s Wi"* Co.#O+"is)

 An&!s" E' &,i"s<! o ACI R#s#&.* (si$i&. n&$#6 o$+#"#! 'i#.#n"

o$+&n!) &g.##' in & no"# +-,is*#' #&.! "*is 7##< :T*#i. &-isi"ion o 

Co.#o+"is s*o7s "*#i. -n'#.s"&n'ing "*&" in"#ig#n" o+"is 7i s-,s-$# so$#

'&"& ".&ns+o." 'o&.s .o$ .o-"#.s T*&" is "*# Ciso W&! L#" -s"o$#.s ,#" on

Ciso6 no" on & s+#ii "#*noog!:

No<i& So-"ions &n' N#"7o.<s is si$i&.! +&!ing ,o"* si'#s I" &n s-++o."

IoWM6 "*.o-g* & +&."n#.s*i+ 7i"* >-ni+#.6 ,-" i"4s &so '##o+#' &n OTN

s7i"* (S## NSN A''s &<#"=O+"i& -n*)

F C.&ig M&"s-$o"o6 W#s" Co&s" E'i"o.6 Light Reading 

Co+!.ig*" 2013 U?M E#".onis6 A U?M o$+&n!6 A .ig*"s .#s#.#' .i&! oi! T#.$s o S#.i#

ht Reading - Doubts Still Dog IPoDWDM http://www.lightreading.com/document.aspdoc!id"#$%&#$'print"(es

* %/)+/*+)& ),:,&