Eric L: As usual your view is careful and consistent and informative.
As you know, I tend to look for trends and turning points.
And to me 3 years is the minimum time span for investing - and that is a rolling 3 - i.e. always 3 ahead.
Now there are those who look behind, those who look at now, those who look at the next week, month, quarter.
In that latter context, your points are well taken.
And again as you also know, to me the wireless data internet nexus is where "it's at", or where the next major opportunity is.
That is why I see the China acceptance of CDMA as crucial for the worldwide future of CDMA 2000 and of Qualcomm, especially since Unicom will move to 1x asap.
This is a glass which may turn out not to be even half full, but as a long term observer of Asia, I see two huge turning points - CDMA 2000 in China and CDMA WLL in India.
Japan is a foregone win for CDMA 2000. KDDI will win in a walk IMO.
Again my focus is in the real world, which is current spectrum. There is no WCDMA there. Only GPRS which can't even come close to 1x - let alone 1xEV.
And in the US where 1x, 1xEV will be in competition with GPRS, the battle is like the cavalry vs. tanks.
Spring and Verizon have the tanks and air superiority too.
And BREW is coming up strong on the outside in the race.
In brief, this was the basis for my comments.
Best.
Cha2 |
