Question-and-Answer Session
Operator
(Operator Instructions) Our first question will come from the line of Mike Walkley with Piper Jaffray; please proceed.
Charles John - Piper Jaffray
Hello, Kevin and John. This is Charles John sitting in for Mike Walkley. Thanks for taking my questions. I just had a couple; first off, most carriers, they’ve obviously guided to lower year-over-year CapEx for ?09. In your discussion with these carriers, do you get any sense of how you all stack-up versus some of the larger OEMs in their CapEx budget plans for ?09?
Ron Buschur
Well if you’d look historically, looking at a CapEx budget, we really do not believe that that is a good indication of spend that we will directly see from a product perspective, but taking that into consideration, we do believe that there will be as Kevin had indicated in his opening statement and his guidance, that there is typically a historical slowness in the first quarter or maybe a 5% to10% decline and looking at the first half of the year, we do think that it’s going to be a little bit slower than what we would like to see.
Kevin Michaels
And I would just add to that. I think our main point here is obviously there’s a lot of uncertainty out there and we all understand that and I think from our standpoint it really is going to take some time to really see how things stabilize. I think there’s a lot of uncertainty.
As you’ve seen some of the operators starting to talk about their plans and just the general uncertainty in the economy really makes it hard for us to say that. We still believe, from a long term perspective, that wireless is a good position to be in, that there will be demand for wireless infrastructure, but the spending plans are just uncertainty at this point and that’s the best we can do.
Charles John - Piper Jaffray
But Kevin, could you provide maybe some quantitative commentary on what you expect the mix between OEMs and carriers to look like for ’09 or is there almost no visibility even for that?
Kevin Michaels
Well we’re not giving guidance. I mean our comment was, because of the uncertainty we’re not going to give guidance on that. Clearly our goals, especially in the fourth quarter, we saw a slowdown faster in some of the operator sides of that market. How that’s going to play out in this year is hard to predict.
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