Biggest point increase ever for nasdaq, and Q dropped 3 7/8. It's a bad way to start a holiday weekend. But wait! As a reader of the Gorilla Game and Beating the Street, I have a lot to look forward to.
I picked up my QCP-1960 ThinPhone on Thursday, the first day Sprint made them available in n. California. After playing with it for 2 days, I have the following impressions:
* The sleek design and color selections make it an eye catcher; co-workers want to know where I got it.
* Signal strength is far superior to the QCP-2700 (2 bars at home versus 0).
* Address book is much easier to program and access.
* It appears to be set up with a mini-browser. I've got my credit card in hand as soon as Sprint enables web access!
* With a special cable and software, it will function as a wireless modem for my laptop.
This is an explosive offering. The best part is the built in advantage Q has, since Nokia/Motorola/etc. have to pay royalty fees on cdma and higher prices for the asic. Competitors margins will shrink, Q's won't, and Q's ipr stream will blossom!
If Q releases any positive info to the analysts on 9/15 <why else would they have the meeting>, the stock should fill back to the 200 range. But the big jump will be in October will be based on their earnings report, which will belie the rumors of shrinking margin. With an ipr stream growing by leaps and bounds, how could their overall margins possibly decrease?
Imo, the analysts, who are servants of the big houses, are just setting up buying opportunities for their masters. Those of us with a strong grip on our holdings will continue to prosper!
Franq
Note: parts of the above were posted on the Q thread earlier today. |
