Right now the industry is all about data traffic.
More Quotes from Albert Lin:
But they need to improve their relationship with Motorola for this product to succeed.Albert Lin
Corporate spending is still sluggish. There has been improvement but not at rapid clip, ... Until there's a real pickup in enterprise spending, we won't see techs that rely on that do as well and investors may have to wait until 2005 for that.
Albert Lin
The earnings are pretty good, but people are worried about the company's guidance. There's a big difference between Qualcomm's and some other companies' views of how many W-CDMA handsets will be sold in 2006. Companies like Motorola Inc., Texas Instruments Inc. and RF Micro Devices Inc. estimate that 100 million W-CDMA handsets will be sold. But Qualcomm says only 86 million will be sold-that's a spread of 14 million units.
Albert Lin
People are too worried about these negative surprises from Lucent. This implies an inability to forecast future shortfalls. Nortel is likely to be a better stock than Lucent.
Albert Lin
Even if all global music revenue went through a mobile phone, it would barely lift the mobile market,
Albert Lin
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