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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum
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To: Jenna who wrote (5986)3/7/2001 1:23:30 PM
From: Jenna   of 6445
 
NVTL finally after this company was cut in quarters, it gets upgraded Novatel Wireless, Inc. (#@) (NVTL – 4 1/8)
Strong Buy; EPS 01E ($0.25), 02E $0.23; Mkt Cap $222.3M; Avg Vol 415.7 (000s); Target $40 (11x 2002 Rev.)

Novatel Wireless Establishes First Class Relationships With Tier One Customers -Verizon And Sprint PCS; The Company Is Poised To Introduce Products For CDMA 1xRTT And GPRS, Thus Significantly Expanding The Company’s Addressable Market; Reiterate Strong Buy Rating And $40 Price Target
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