I'm sure all MSPD investors on this thread that listened to this call were heartened by the delivered message, though the speaking qualities of Stephen can be deemed as juvenile at best.
As we all know 93% of last Q's revenues came from the 2 divisions other than wireless, which has experienced delays in deployment by network carriers due to the complexities of adding small cells to their legacy networks.
The problems are technical. They can be achieved undoubtedly..........the question is when.
The demand for small cells in HetNets is undeniable and will be a megatrend for the next 10 years+.
LTE will become mainstream in 2015 with infrastructure buildouts by network carriers happening before then.
MSPD deals with top tier-1 players in ALL their divisions - their customer base is SOLID.
MSPD will collect enough revenues from the 2 divisions other than wireless to keep the company viable until Morgan Stanley advises what avenue to proceed with regarding wireless.
The takeaway is that MSPD's technology is rock solid, but the divergent agendas of investors, management and those providing necessary capital are NOT very well aligned.
Personally, I will sit on the sidelines and watch this play out, neither buying or selling, but holding.