In the highly tradable sectors you have seen a lot of convergence in how stocks perform by sector. The classic example is Nokia, Ericsson and Motorola. They all suffer and boom together.

How does it make sense to say that you're protecting capital of $10,000 by giving $500 to a salesman who in five years promises you $9,500? You don't get your money back; you get what is invested back.

Stable-value funds can be a good, safe place to park cash where you will get something better than a money market and less than an intermediate bond fund.

When core stocks like NTT perform strongly, it really lifts the sprit of the entire market.

A key theme of this year's event is convergence, not just within the wireless industry as we have seen with several carriers, but within all communication sectors.

One can expect a lot of consolidation to happen in this sector. The stocks should move up from current levels.