Friday, June 08, 2007

Smith Micro (NASDAQ:SMSI): VZW pushed its Vista release

- ThinkEquity notes Verizon Wireless (VZW) Web site indicates that VZW pushed its Vista release for the Music Manager software from end of May to end of June. This ought to cause a material shortfall for Smith Micro (NASDAQ:SMSI) in the June quarter, but they believe all of this will come back in the September quarter, assuming no further material delays.

Notablecalls: Nice find by ThinkEquity's Anton Wahlman. Too bad the stock is down so much over the past couple of days. SMSI is a bouncer and I think that following initial weakness, there's a good chance for a bounce. I like this co.

Note: Apparently, this call was issued yesterday! (Still, my gut is telling me to keep SMSI on the bounce radar today)

Many thanks to Stockmaven for pointing it out.


stockmaven said...

Thinkequity's NOTE on SMSI was out yesterday buddy... which is why the stock was down all day --- it's old news

notablecalls said...

Thanks! Will add a note!