Ed Snyder Good Quotations

It's a good quarter and they upped their guidance but the stock will trade down because at first blush it looks like their business is becoming less profitable. Guidance for earnings did not increase as fast as revenue.

I think Nokia is another great buy at this point, ... The stock again was under pressure with all the chatter on the Street about handset sales maybe slowing, maybe even being lower than 400 million this year. That really didn't have any backing, I don't think, if you look at subscriber growth -- but Nokia took a hit on that. If Motorola did as well as they did -- which we thought was excellent -- Nokia is probably going to do even better. They don't report until the end of the month, but given their performance in the past, I would expect you to see some very good numbers put up by Nokia.