Hi, Robert et al.
I wonder if you would share your thoughts on a few small or micro cap that will, like RFMD, benefit from the strong growth in wireless com., cellular paging, PCS, and especially mobile instant messaging. I'm looking for pure plays in wireless components (RFIC, VCOS...),smart antennas or software for wireless e-mail appl. (e.g. BWEB).
Right now, I'm studying Vari-l. Vari-l is a supplier of wireless components reorienting itself from a military/aerospace co to a commercial supplier (VCOs, synthesizers, mixers, switches...)targeting the cell-phone subscriber market.In order to implement its strategy, Vari-l has built 90 % of the necessary capacity to serve their predicted sales to the subscriber market (hence the dilution
of EPS). Vari-l has several competitive advantages : strong proprietary technology, 75 % of the base station market, sole source supplier of ERICY, sole-source supplier for LU's base station market in Germany, and the co has been recently recognized as a preferred supplier to Nokia.
Considering Nokia's wireless drive (see "How Nokia will Wireless the World", Wired, 09.99), I wonder if Vari-l may follow in the footsteps of RFMD, whose sales are 70 % generated from Nokia.
However, I don't know if RFMD VCOs duplicate those of Vari-l. Is there any complementarity in RFMD and Vari-l components line ?
Thank you for your reply ? (will post also on the "broadband access" thread).
Jean-Pierre |
