Smith Micro Likely To Experience Shortfall Due to Verizon Wireless Delay

Jun. 8.07 | About: Smith Micro (SMSI)

ThinkEquity notes that the Verizon Wireless web site indicates that Verizon has 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 company.

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