A Sense of Humor on Wall Street!
In the week or two since “Say What?”—a three paragraph call-out of one of the most unintentionally amusing pieces of Wall Street triple-speak we’ve ever come across—generated the biggest response per paragraph this virtual column has ever seen, we have been considering the idea that perhaps there is a direct, inverse correlation between length and readership.
So here’s another brief call-out, but of a most intentionally amusing comment buried within an otherwise dry note discussing the implications of Apple’s iPhone launch at Verizon.
See if you can spot it:
The availability of the iPhone 4 at Verizon has been long considered a risk for Motorola Mobility and RIM. While it is widely expected to impact both vendors, we believe both Motorola and RIM have appropriately accounted for the risk. Motorola of course has given 1Q guidance already, which included a material downtick at Verizon. RIM has successfully mitigated the iPhone risk by cleverly ceding most of its Verizon market share to Android first. Finally—a sense of humor on Wall Street!
Jeff Matthews I Am Not Making This Up
© 2011 NotMakingThisUp, LLC
The content contained in this blog represents only the opinions of Mr. Matthews. Mr. Matthews also acts as an advisor and clients advised by Mr. Matthews may hold either long or short positions in securities of various companies discussed in the blog based upon Mr. Matthews’ recommendations. This commentary in no way constitutes investment advice, and should never be relied on in making an investment decision, ever. Also, this blog is not a solicitation of business by Mr. Matthews: all inquiries will be ignored. The content herein is intended solely for the entertainment of the reader, and the author.