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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (6157)6/27/2000 12:30:00 AM
From: Kenneth E. Phillipps  Respond to of 14638
 
Smith Barney recommends Ericsson, Nortel and Qualcomm in wireless equipment sector.

We continue to recommend companies in the wireless equipment sector
companies such as Nokia in order to exploit the growth in both mobile phones
on a near-term and long-term basis as well as the upcoming infrastructure
awards for 3G wireless networks in Europe while Ericsson, Nortel and
Qualcomm should be huge beneficiaries of the migration to 3G wireless
technologies by existing and new wireless carriers.
In fact, we believe the
remainder of the year and the early part of next year will be characterized
by rapid acceleration in orders for the construction of 3G wireless networks
in Europe followed by the recognition of the associated revenues beginning in
2002.

Message 13948190