Michael Genovese covers companies that sell equipment to service providers, enterprises and cloud providers. He breaks down sentiment by sectors. In the service provider market, he says the capital spending of carriers is flat to down into the future. He says the good stories are things related to fiber and optical, and most of his favorite stocks play in the 100G market. Mr. Genovese says the main trend in the enterprise side is the concentration of buying power in the market, as a new class of cloud service providers, the Web 2.0 companies, are building bigger data centers and selling to enterprises.
Full interview available here.