Kate Warne quotes:

The Cisco announcement that their revenue might slow due to shortage of parts meant, therefore, Nortel was down because it's competing in the same market. I think that was the big negative.

I think the sentiment has not entirely shifted away from the belief that technology will continue to do well. But the believers are getting more and more worried about their beliefs.

People are worried where additional supply will come from.

This is a commodities business, so the companies that do it best are the ones that do it more efficiently.