BIG BATTLE BREWING--MOT-YHOO-GOOG-QCOM

There is a big battle brewing in regard to the mobile internet. MOT recently struck a deal with YHOO that will build in access buttons to YHOO web. YHOO and GOOG are hard at work making the mobile internet usable on the "small screen". QCOM is building a whole seperate network in its attempt to capture a big piece of the mobile internet traffic. Of course there are many other players. Companies like GLW, TXN and INTC are all involved in many different ways.

My family owns all of the above stocks and others in this area. The fact is that mobile internet is going to grow dramatically over the next several years. One family member of mine recently added Juniper Networks to her holdings. She has done well to own several of the stocks listed above. She and I would have been comfortable adding to her existing positions but there is a small additional level of safety added to diversify more within the sector.

Not owning stocks in the sector right now is a huge mistake. Housing stocks should have been purchased years ago. The same with oil stocks. Highly competitive businesses can suffer from low or even zero margins in high growth businesses. However, the shakeout in the internet stocks has made the market participants behave. Capital is not being thrown at every Tom, Dick or Harry idea that comes along. There is room for all the strong players to make serious money. The companies listed are profitable companies and each is growing.

A Credit Suisse piece on the topic said the company is taking a hard look at any stock that aids in the migrations from circuit to packet, core to access, wire line to wireless and from copper to fiber. This takes in a slew of equipment companies about which I know very little. Stay with best of breed as Cramer and many others before him have recommended.

Note, one does not need to try to trade these stocks. Buy and hold a collection for the next four years or more. Certainly weed out the losers and redeploy those funds but no one can trade these high fliers successfully. The growth that occurs during several years of owning will provide a substantial payoff.

BUY THE BIG BULL! THE WALL STREET JOURNAL OFFERED A PIECE THIS MORNING THAT SAID STOCKS ARE NOT ALL THAT CHEAP. THE ARTICLE WENT ON TO SAY EXCEPT RELATIVE TO BONDS AND REAL ESTATE! THE ONLY CONCLUSION ONE CAN DRAW IS THAT INVESTOR SHOULD BE IN STOCKS OR MONEY MARKETS. I CHOOSE STOCKS!