Gregory, re: your Andrew post. It is my sad duty to report that in an attempt to lower the beta on my portfolio, I bought ANDW. You know, telling myself that with TLAB, RMBS, GSTRF, WCII, blah, blah, blah I figured a few shares of ANDW would make me a more 'prudent' investor. Well, having lost my butt on this beauty, let me comment on C.E.O. Floyd English blaming his (and unfortunately my) company's travails on a "slowdown in the wireless infrastructure market". With all due respect your Floyd-ness, the wireless market is on fire. The Mighty Q can't make phones fast enough and in case you hadn't heard, the Q ain't in the wireline biz. Every guy that owns a set of braces and went to an Ivy League college has now figured out that the world just loves to shoot the breeze, preferably wirelessly. Time to head to the beach Floyd, everybody else in the business is making a boatload.
There, I feel better. Surfer Mike |
