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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (40898)	4/1/2004 11:20:53 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70437

07:23 AWE AT&T Wireless rolling out incentives ahead of Cingular acquisition -- WSJ (13.61 ) The WSJ reports that AT&T Wireless Services is rolling out cheaper calling plans and free fancy phones, in a bid to steady its shaky subscriber base ahead of its planned acquisition by Cingular Wireless. The carrier in terms of subscribers has been hit with widespread customer-service glitches and a last-place rating among national carriers in a major satisfaction survey. Now it's pushing back, offering new and existing customers who sign up for two years of service on its Web site an opportunity to choose from more than a dozen free phones. AT&T Wireless began marketing a $40 per month calling plan that includes 1,000 anytime minutes and unlimited nights and weekends, $10 to $20 cheaper than similar plans had cost. And the carrier has struck agreements with Cingular to allow users, at no additional charge, to roam on its networks in several large markets, including Boston and Washington, DC, which it says should improve the network quality in those cities. 07:21 UTSI UTStarcom upgraded at Deutsche (28.75 ) Deutsche Bank out of Asia upgrades UTSI to Buy from Hold based on valuation, greater handset business stability following recent share losses, and ramping int'l sales to customers such as Telmex; firm is also more positive on UTSI's 3G opportunity, as the delay in 3G licensing will give it time to mature its offering and gain customer mindshare. Maintains $33 target. 07:12 ERICY LM Ericsson raises gross margin expectations (27.76 ) -- Update -- Ericsson raises its Q1 gross margin expectations as they are expected to improve above the 41.6% level attained in Q4. The main reason for the improvement is better than anticipated benefits of cost of sales reduction activities. The Q1 sales outlook remains unchanged.