Thursday, August 27, 2009

WiFi Break Out

WiFi is in breakout mode. Cell phone service providers are offloading as much traffic to WiFi as they can, giving them the ability to sell more monthly plans. Investors should take a look at equipment makers. Also at Clearwire, which has zoomed from around $2.50 per share to $7.69 in only 5 months.

Verizon is buying LTE equipment. Motorola, Lucent, and Erickson are getting orders. Cisco purchased the Flip Camcorder company and expects home made video's to swamp the Internet. GLW will benefit and install miles of fiber optic cables. Have a little fun, the market water is warm and, with a little bumps and bruises along the way, the market will double once and double twice over the next 10 years.