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Strategies & Market Trends : Classic TA Workplace

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To: John Madarasz who wrote (10471)8/20/2001 11:01:33 AM
From: marginmike  Read Replies (1) of 209892
 
AWE is a COMPLETE disaster. DO NOT TOUCH this stock. They have the wrong Technology, No upgrade path to 3G or even 2.5 G. They are competing against Sprint and Verizon who have huge capacity advantages as well as much lower cost per subscriber expence. I havnt looked at AWE in awhille so I dont know about trading bounces, or ST reasons why it should bounce. However it is NOT A STOCK to OWN as any form of long term investement. If your friend wants exposure in that sector I would opt for Sprint/Verizon or maybee NEXTEL. Sprint and Verizon will be providing the next 2.g upgrade this fall. This upgrade called 1xrt will provide 144Mps data speeds to mobile phones and Modems. It also improves their network capacity, which is already2-3X better then ATT. Personally I think your friend would be better served buying the Wireless companies involved in the equiptement side of 1XRT(Qcom,Siera Wireless,MOT,Samsung,KYO). They will make money on the upgrade before the carrier's.
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