A play on software-based carrier networks

It’s a long story but carriers are shifting from using dedicated hardware boxes for network functions to software running on general purpose hardware. The trend has been in place since the debut of the internet and the http protocol. Networks are big and ugly though so they take time to change. When they are mission-critical […]

Adding back Apple

We’ve owned Apple (AAPL) on and off (mostly on) for a long time. After scaling down and all the way out at about the $125 mark we have been scaling back in. Besides the obvious 10% drop in the shares we see a few new things developing that we like: The new iPhone, while just […]