10 Quotes by Ren Zamora

Motorola's results did not just surpass our estimates, consensus, and management guidance, these 1Q 04 numbers were downright huge.

If it weren't for Nokia, I would have thought about calling in sick. There was nobody in the city yesterday morning. When you did see people, it looked like they were going to a funeral,

This shows they have other wireless customers in their lineup that could help them. Wireless had some bumps but it was still a good quarter and you had other products picking up the pace.

Telecom infrastructure got beat up so much after 2000 and now going forward, there's some stabilization and near-term demand. It shows you there are cycles,

Other companies have been able to fight pricing pressure, which is good. If all the companies started cutting prices, you don't want to go down that road.

It's a tough market right now. Even if you do good things, investors are skittish.

It's not that people are not buying cell phones.

I hope Nokia can stabilize its selling prices. That's the hardest point because if volume does slow down and they're still at these levels, Nokia could be in trouble.

Generally speaking, it was high-volume low-margin business which saved the day for Nokia.