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Technology Stocks : Phone.com [PHCM]

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To: neverenough who wrote (1032)7/10/2000 11:10:46 PM
From: neverenough  Read Replies (1) of 1080
 
SG Cowen's Morning Call

Phone.com Quote, Broker Reports, Messages - Strong Buy

Bottom Line Action Idea of the week. Leading force behind the introduction of Internet services to mass-market wireless telephones. Three powerful trends should benefit the company: (1) substantial software investments by wireline and wireless carriers as they expand services and recoup sizable investments in 3G licenses; (2) surging sales of Web-enabled handsets, forecast to grow from 40MM in 2000 to 575MM in 2003, a 140%+ CAGR; and (3) rapid increases in end-user demand for new mobile Web-based services. PHCM trades at the lower end of a wide range of Web infrastructure players, including InfoSpace, Aether, Comverse, and Software.com.

cnetinvestor.com
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