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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 156.34+1.4%Jan 21 3:59 PM EST

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To: Sawtooth who wrote (22047)1/27/1999 7:53:00 PM
From: SKIP PAUL  Read Replies (1) of 152472
 
Wireless market bracing for boom
By Corey Grice
Staff Writer, CNET News.com
January 26, 1999, 5:40 p.m. PT

The U.S. corporate wireless communications market is expected triple over the next four years, driven by increased demand
among medium-sized businesses, according to a new study.

The domestic wireless market, including services and equipment, will be valued at $117 billion by 2002, according to Cahners In-Stat Group, a
technology market research firm.

Medium-sized businesses--companies with between 100 and 1,000 employees-- will account for $62 billion in sales within four years. Today,
the mid-sized corporate market is a $29 billion business.

"Technology always starts with the high margin sales in the enterprise," said Kneko Burney, an analyst at Cahners. "The next step is to move
into the middle market."
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