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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (26685)1/4/2002 10:21:33 AM
From: marginmike  Read Replies (1) | Respond to of 209892
 
10:04 ET Merrill Lynch on Wireless Group : Merrill Lynch cautious on wireless stocks, doesn't see them moving out of trading ranges any time soon. Q4 was tough, but that is widely known: subs may come in at lower end of range, growth is slowing, pricing is competitive, marketing costs are high, and economy is weak; previous factors may force consolidation in the industry. Firm expects wireless infrastructure mkt to decline over 5% in 2002, and the handset mkt shipments (sell-in) should grow 14% to 410 mln units