I don't follow PHCM (should have!) but here's a snippet from WFI's corporate description on their website.
"To better serve our clients we have expanded our operations internationally and have completed projects in 26 countries. In addition to our U.S. operations, WFI has ongoing projects in Argentina, Brazil, Congo, India, Kuwait, Mexico, Morocco, Oman, Puerto Rico, Spain, South Korea, Turkey and the United Kingdom. In 1998, we were involved in the development of over 3,000 of the approximately 16,000 cell sites built in the United States. Since its founding in 1994, WFI has been involved in the design or deployment of over 12,000 cell sites worldwide."
"Headquartered in San Diego, California, WFI has grown to more than 625 employees worldwide. The company has offices in Washington, D.C., Mexico City, Sao Paulo, New Delhi and London"
wfinet.com
In other words WFII is almost as globally connected as the United Nations.
Anyway, they are in a different business than PHCM. Hopefully, the deal with WFII is that different wireless apps will come and go but this company's services will always be in demand because it's an infrastructure builder not a technology supplier or consumer service.
Buy, hold, put the shares in a ziplock bag at the back of your freezer and forget about them. Ignore these irrelevant (and pretty much random) day-to-day stock movements. Do something more productive. Especially in the immediate post IPO period, stock swings have almost nothing to do with the underlying business. I buy a business, not a stock price. (Although it would be good to be in the black on this sometime soon ;) - something like SWCM's chart would be cool).
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"Phone.com faces stiff competition over cell phone space"
news.cnet.com
As long as the underlying network is designed and built with the help of WFI's experts, who cares? |
