wr –
Here is what you said:
1x is a dream before its time. Basically consumers don't give a sh*t.
There is no basis for those statements. You have no idea what consumers will give a shit about. They care about their wireless bills and if the increased capacity of 1X gives them more minutes for the same price, they care. If they want to use data at a decent speed, they will care. How big a factor those will be will not be known until those networks are launched this summer.
The point is, the dream is fading and until we see SOMEONE roll it out big time (or when someone knows it will),
You doubt the summer nationwide launch by PCS? Is Valente a liar according to you? Go ahead doubt it, its happening. VZ should also be nationwide by fall.
QCOM will continue to sell off. And the sell off is what matters here assuming stocks are held or bought to make the investor money. Making money...THAT is what investors give a sh*t about.
You changed the subject here. QCOM may or may not sell off from here, it’s hard to tell, big hammer last Friday signals a bottom. Since we failed to break out of the down channel this week, the downtrend is still intact. I’ll bet you Friday’s low is the bottom though, but I might lose that bet.
While everyone is so depressed and Mr. Market has declared “wireless dead” there are many, including myself, that believe that wireless is far from dead, and the migration of the wireless world to CDMA is in its infancy. The existing cdma operators are golden with their low cost upgrades to data and additional capacity. The GSM and TDMA guys are not so lucky, all upgrades lead to CDMA. The question is when. If none of them upgrade for five years, this will significantly hurt qcom in the short term. But there are lots of interesting things that could happen at anytime.
Caxton |
