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

To: John Biddle who wrote (30522)	12/28/2002 1:47:08 PM
From: John Biddle	Read Replies (1) \| Respond to of 196694

Sneak Peak 2003 Telecommunications 12.26.02, 6:00 PM ET Susan E. Stegemann The Big Trend A good year for telecommunications. Everyone in the industry is expecting it, from Verizon Wireless' bullish Chief Executive Dennis Strigl and the Japan Electronics and Information Technology Industries Association, which forecasts that cell phone demand across 43 nations will rise 9.7% to 434.5 million units, to the Wall Street analysts who forecast the wireless industry's free cash flow to increase by $6 billion in the U.S. They can't all be wrong, can they? Or is it just they are all so beaten down, the only way left is up? The Unconventional Wisdom New gadgets at lower prices and, more importantly, lower service costs will give help the wireless Internet a much-needed boost in 2002. We've been slow to connect our handheld devices to the Web wirelessly, but as access costs continue to decline and the technology proves itself useful, more individuals--not just savvy tech geeks--will connect beyond the desktop. The Misplaced Assumption That WorldCom will go away. Many in the telecom industry might like that but new CEO Michael Capellas is more likely to find a way to breathe some life into the son of WorldCom, by resuscitating MCI Communications. Following WorldCom's nearly unimaginable, massive bankruptcy filing in July, then-CEO John Sidgmore said he expected the company to emerge from Chapter 11 status in the first quarter of 2003. That's probably too soon, but by whatever combination of acquisition, divine intervention or good old-fashioned debt restructuring, we'll see a beating heart by 2003's end. The Watch List Cingular Wireless will continue expanding; Western Wireless (nasdaq: WWCA - news - people ) will continue improving its quarterly results; T-Mobile will get more media attention. The Bold Prediction Cingular will top Verizon as America's largest cellular service provider, either through merger or because its tri-mode phones are GSM-friendly, which means they can be used anywhere in the world where the global system for mobile communications reaches. Neither Verizon nor Sprint PCS (nyse: PCS - news - people ) can make that claim. ----- LOL!