Group, Attended the CTIA (cellular telecommunications show) this week for the entire show.
Sorry I could'nt remotely update the list as my laptop seemed to have a dead modem once I got
out there to Atlanta, GA.
PWAV really disappointed me in that they had no MAJOR announcements aside from the 200W
MCPA product on Monday. Usually the first day of the show, the vendors announce all so that it
can be biz-wired out and put in the daily show newspapers. I really think some of the earlier
announcements in the quarter could have given the stock a better long term lift if they had
waited until CTIA to announce, ....oh well. Products on display were all the same from last year
except for the 200W units (which does not have FCC approval yet, probably 3 months away).
Will 200W be a market leader ? Good question, AT&T has 125W and Motorola has 120W in
their MCPA's and have not seen a major problem with coverage. Bigger is always better, but I
was disappointed in no new products like WLL amplifiers or something grounding breaking in
cost for a CDMA single channel amplifier.
SPCT on the other hand made (3) announcements during the show and stock jumped up 2
points. They had a much more diverse number of NEW products on display. They had
wideband CDMA, domestic band CDMA, 100W PCS MCPA, and new 40W MCPA which
appeared to have typical SPCT killer performance vs. the PWAV units on display.
Overall I was impressed by SPCTs CTIA efforts and disappointed by PWAV. Inside info from
PWAV is that they have had no layoffs due to Korea and plan to do about $26 million this quarter
at typical gross margin. I now need to check the analysts expectations and see if this number is
in-line. More to come, but I'm very busy at work after returning from the show.
,RFJock |
