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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: Kayaker who wrote (7693)	2/23/2001 1:50:18 PM
From: Kayaker	Respond to of 196568

Mobile Web Delays Darken Mobile Mood Friday February 23 11:39 AM ET By Kirstin Ridley and Lucas van Grinsven CANNES, France (Reuters) - Only consolidation, new partnerships and a successful mobile data service can throw a life-line to battered cellphone stocks and help rekindle investor confidence, bankers and analysts warned on Friday. As wireless equipment giant Motorola issued a profit warning and analysts rushed to downgrade forecasts, experts said the industry is in for a rough couple of years despite a 60 percent drop in shares since last March. "The days of simply playing the telecom equipment sector are well and truly over," said Goldman Sachs, downgrading earnings forecasts on Finnish telecoms supplier Nokia, France's Alcatel and Britain's Marconi.... dailynews.yahoo.com