Spent a long working day scouring the show for investment opportunities. My colleague Eileen and I hunted separately most of the time to cover the huge grounds. The day started with the search for the perfect UI -- think 2.5D animation effects running on an ARM core. Got a tip that the LG Prada phone is the coolest new phone at the show. For fashionista Eileen, a new Prada anything is a "must have" and so we trekked over to the LG booth to see it close up -- sleek and black with few visible controls and touch screen driven softkeys. As luck would have it, at that very moment Eileen's nearly new Nokia "L'Amour Collection" phone falls to the floor and explodes into many pieces -- "Oh, I need a new phone!" -- time to review the Kennet phone policy I guess! That evening we're off to the Lehman Brothers drinks party. Much discussion about how WiMAX might come to Europe. European operators know that WiMAX offers the best bandwidth per unit spectrum at the lowest capex but nobody want to be a first mover to replace and/or cannibalise their existing network. What may be needed is a bold bid by China Mobile or NTT DoCoMo to win a European license -- that would cause the incumbents to build out new WiMAX networks. Watch this space.