Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (52422)	9/18/2001 11:10:45 AM
From: Proud_Infidel	Respond to of 70976

Cell phones to grow 8% in 2001 but will pass billion mark in 2006, says report Semiconductor Business News (09/18/01 10:42 a.m. EST) BOSTON--Worldwide cellular phone sales will grow by a modest 8% in 2001, reaching 440 million units, according to a new forecast released today by Strategy Analytics Inc. The research firm blamed the slow growth on low replacement sales in handset markets, but the company's new report on cell phones is predicting a rebound in shipments after 2001, with 20% annual unit growth in the next four-to-five years. In fact, the report said, worldwide unit sales are expected to push beyond the 1 billion mark in 2006. "West Europe is largely responsible for the slow market in 2001," said Phil Kendall, director of the Strategy Analytics Global Wireless Practice group. "Handset sales in the region will fall by 13% as the replacement market fails spectacularly to make up the shortfall left by low subscriber growth in a saturated market. "To a lesser degree, a similar trend has been seen in North America, though both regions will recover in 2002," Kendall said. "Combined with strong growth in emerging regions, worldwide handset sales will post healthy growth for the next five years." Cell phones based on the Global System for Mobile (GSM) communications standard will "continue to dominate the worldwide cellular landscape, accounting for 70% of subscribers and handset sales by 2006," said David Kerr, vice president of the Strategy Analytics Global Wireless Practice group. "But despite GSM capturing most future Time Division Multiple Access capacity, it will be Code Division Multiple Access [CDMA] which emerges as the fastest growing cellular platform over the next five years," he said. While the research firm is calling for modest growth this year, many analysts and major handset suppliers have predicted that 2001 cell-phone sales will end up nearly flat with last year's 410 million units.

To: Jerome who wrote (52422)	9/18/2001 11:21:20 AM
From: Sun Tzu	Respond to of 70976

Biggs is one few of "Gurus" that I pay attention to. You should keep in mind that he is a strategist rather than an analyst. That means he speaks with a 6-12 month target in mind and in the context of asset allocation, rather than short term trading. You need to understand what his model portfolio is composed of to fully appreciate how he tries to reduce volatility. When I was at MSDW, he actually sent a message to the staff saying "on the deathbed, no one wishes to have spent more hours in the office. Spend time with your family and...". I was rather impressed. [edit] I also remember him warning about bear market (he is not a perma-bear) and Cramer of Street.com making fun him for it. ST