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Strategies & Market Trends : Wireless technology: Investors' perspective

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To: Internet Jones who wrote (4)12/31/1999 3:16:00 PM
From: Mr. Big  Read Replies (1) of 101
 
"Anything wireless" - QCOM IDC ANCC are my current favorites

AT&T (NYSE: T) said in December it will create a new company, AT&T Wireless Group, and a new class of AT&T common stock which will hit the market next spring in the biggest U.S. IPO ever. The "unlocked value" of the wireless business is expected to bring in between $8 to $10 billion in its IPO.

Hot issues for the next millennium include "anything wireless," Peterson said, adding that AT&T's spin-off is sure to be big.

A lot more wireless companies may go public in 2000, predicts Roth. The debut of AT&T's wireless business will be phenomenal, and many others may try to match the enormous success of Phone.com (Nasdaq: PHCM), which has gained about 1400 percent since its IPO this year. Phone.com provides Internet browser software for wireless phones and server software for wireless network operators.
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