by alec on November 18, 2004
Paul Martin has booted Carolyn Parrish out of the Liberal Caucus. It’s about time. CBC’s Ottawa Morning asked people to phone their talkback line this morning with their opinions on Ms. Parrish. I said: "Carolyn Parrish is a national embarrassment. Obviously we can’t un-elect her. To those who argue that kicking her out of caucus gives her even more attention, I ask what message keeping her in the government sends."
by alec on November 18, 2004
Telcordia was sold today for $1.3 billion. Nice profit for SAIC, who acquired them in 1997 for $700 million. Light Reading said:
Telcordia is on course for annual revenues of about $880 million, putting the vendor’s price tag at about 1.5 times revenues, in line with many acquisitions in the OSS market this year
There’s a fair amount of irony in that. OSS is the one component that every operator lives and dies by. However, it’s clearly not a market for innovation, so it gets a measly 1.5x multiple.