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khemara_qc

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khemara_qc

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Thursday, 11/10/2005 6:17:36 AM

Thursday, November 10, 2005 6:17:36 AM

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Four Picks In U.S. Wireless Equipment
Ed Lin, 11.09.05, 5:21 PM ET

http://www.forbes.com/markets/2005/11/09/wireless-motorola-qualcomm-1109markets13.html?partner=yahoo....

Standard & Poor's Equity Research analyst Ken Leon reiterated a positive outlook for the U.S. wireless equipment group.

In a research report, Leon cited recent media reports that 40% of Americans get a new cell phone every two years, and noted the "market power" of phones retailing for less than $50 in China and India.

"We forecast global handset shipments to reach 780 million to 800 million in 2005, 30%-plus unit growth," Leon said.

Within the group, he likes Motorola (nyse: MOT - news - people ), Qualcomm (nasdaq: QCOM - news - people ), Powerwave Technologies (nasdaq: PWAV - news - people ) and Research in Motion (nasdaq: RIMM - news - people ).
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