Scott Silver - Specialist Sales - European TMT AC (44-20) 7134-0412 scott.silver@jpmorgan.com J.P. Morgan Securities plc Europe Specialist Sales EU TMT FLOW (Ryan Mclaughlin): TMT flow very quiet today, probably an indication of the pain out there, with the questions on the fade really picking up. If this was last qtr, the GOOG capex probably would of been enough, but market showing us its not all about capex no more, yes order numbers in likes of Nokia and VAT yesterday are great, but there is no upgrades ...