The stock is going to go up 5 to 10 percent the first day. It's not going to go up 50 percent or more.

This is a classic case of short-term hysteria and mania. Who knows how much longer this can go up but eventually it's going down a lot.

The cell phone companies will have the power to renegotiate contracts and ask for more favorable terms.

The joke is that these stocks trade at 10 times news flow.

I have a hard time saying that a stock that has gone up 20-fold is still a buy.

Sure there are some smaller names, but they're unattractive to big corporations because their market share is probably 1 percent or less.