For some, Cisco Systems Inc.'s recent acquisition of Procket's intellectual property seems to signal that the network giant has no strategy. What it really signals is that Cisco has too many strategies and that at least some in the company are trying to fix the problem. The question now is whether they can succeed.
The good news is we may be on the verge of seeing multimedia services at last. The bad news is these services may not develop the way many thought they would, forcing us to reconsider the Internet's role in entertainment.