October 29, 2001 - Wireless in Washington

In today's edition of the Daily Update, download research on
the military and the markets, the wireless outlook, and life
sciences, from CIBC World Markets; Dain Rauscher Wessels;
Bear Stearns; and Adams, Harkness & Hill, plus a report on
"strong buy"-rated Omnicom (OMC) from Morgan Stanley.
Click here for research:
http://www.multexinvestor.com/article.asp?docid=3758

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Featured in today's edition of the Daily Update:

1. SPECIAL REPORT: Dain Rauscher Wessels reviews earnings news and
competitive developments.

2. EDITOR'S PICK: Bear Stearns says the sector's stocks will continue to
benefit from a flight to predictability.

3. ASK THE ANALYST: Schaeffer's Research's Bernie Schaeffer says the
market will get ugly after earnings season is over.

4. ASK THE EXPERT: American Century's Jim Lauterwasser discusses 401(k)
plan options when changing jobs or retiring.

5. HOT REPORT: Adams, Harkness & Hill review seven wireless equipment
stocks, five of which are "buy" rated.

6. DAILY FREE SPONSOR REPORT: Morgan Stanley sets a $94 price target for
advertising services company Omnicom (OMC).

7. THIRD-PARTY REVIEW: Argus Research reports on the impact of the U.S.
military response on markets and investor confidence.

8. INVESTORS' CHOICE: 3-DAY FAVORITE: Robertson Stephens expects
biotechnology stocks to have strong earnings this quarter and onwards.

9. FREE RESEARCH REPORT: CIBC World Markets discusses infrastructure
issues for wireless in France and other news.

10. INVESTMENT IDEAS: As computers become communications devices,
innovative chip architecture is a smart investment.

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1. TODAY'S SPECIAL REPORT
Dain Rauscher Wessels reviews earnings news and competitive developments.

The firm analyzes scores of stocks, seven of which are exposed to medical
technology and life sciences, including Eli Lilly (LLY), IDEC
Pharmaceuticals (IDPH), MedImmune (MEDI), and Arena Pharmaceuticals
(ARNA). (21-page report for purchase - $75)
Click here.
http://www.multexinvestor.com/download.asp?docid=25230547&;nd=1029

2. EDITOR'S PICK: CURRENT RESEARCH FROM THE CUTTING EDGE
Bear Stearns says the sector's stocks will continue to benefit from a
flight to predictability.

The report includes one page summaries of the firm's investment thesis for
each of the nine stocks it follows in this universe, as well as specific
financial and qualitative expectations for September-quarter reporting.
(75-page report for purchase - $150)
Click here.
http://www.multexinvestor.com/download.asp?docid=25189983&;nd=1029

3. ASK THE ANALYST
Schaeffer's Research's Bernie Schaeffer says the market will get ugly
after earnings season is over.

Schaeffer notes that stock performance during earnings reporting months
has been positive, but has been very negative during non-reporting months.
Is the market headed for an end-of-the-year tailspin? Pose Bernie your
questions through today Mon., Oct. 29, 5 PM ET.
Click here.
http://www.multexinvestor.com/AskTheAnalystForm.asp?&;nd=1029

Prepare for the investing week ahead with Bernie's insight to the hottest
sectors and stocks. Sign up for Bernie's FREE e-weekly market report,
Monday Morning Outlook. Click here.
http://www.schaeffersresearch.com/redirect.asp?CODE=GB01A8&;PAGE=1

4. ASK THE EXPERT
American Century's Jim Lauterwasser discusses 401(k) plan options when
changing jobs or retiring.

Lauterwasser explains that investors must be careful when moving money
from a 401(k) plan in order to avoid IRS penalties. What are your choices
when it comes to transferring these monies? Pose him questions until
Thurs. Nov. 1. Ask the expert.
Click here.
http://www.multexinvestor.com/AskTheExpertForm.asp?&;nd=1029

5. WHAT'S HOT?
Adams, Harkness & Hill review seven wireless equipment stocks, five of
which are "buy" rated.

The firm reviews new international opportunities for one stock, discloses
another that it believes is best positioned in the current environment,
and concludes that investors' focus should go beyond mixed quarterly
results. (5-page report for purchase - $10)
Click here.
http://www.multexinvestor.com/download.asp?docid=25151368&;nd=1029

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6. DAILY FREE SPONSOR REPORT
Morgan Stanley sets a $94 price target for advertising services company
Omnicom (OMC).

The firm says current levels don't reflect "the company's industry-leading
business model and pace of new business wins," despite a recent 30% run-up
in share price. Register for the firm's free-research trial to access
research on this "strong buy" rated stock.
Click here.
http://www.multexinvestor.com/download.asp?docid=4378201&;sid=8&nd=1029

7. THIRD-PARTY REVIEW
Argus Research reports on the impact of the U.S. military response on
markets and investor confidence.

The firm discusses the impact of macroeconomic data, including August
incomes, OPEC production, Fed funds, as well as the impact of Sept. 11
on technology stocks and surprising bullishness among institutional
investors. (4-page report for purchase - $40)
Click here.
http://www.multexinvestor.com/download.asp?docid=25239759&;nd=1029

8. INVESTORS' CHOICE: 3-DAY FAVORITE
Robertson Stephens expects biotechnology stocks to have strong earnings
this quarter and onwards.

The firm anticipates a few shortfalls mixed in with largely positive news
on the earnings front, including a few upside surprises, and reviews over
20 stocks, including six "strong buy" and 12 "buy" recommendations.
(7-page report for purchase - $25)
Click here.
http://www.multexinvestor.com/download.asp?docid=25116634&;nd=1029

9. FREE RESEARCH REPORT
CIBC World Markets discusses infrastructure issues for wireless in France
and other news.

The firm reports on news concerning a large cap/OEM stock and two
component/subassembly manufacturers, a new product release in the wireless
handheld market, and reviews an earnings announcement. This report remains
free for a limited time.
Click here.
http://www.multexinvestor.com/download.asp?docid=25213468&;nd=1029

10. INVESTMENT IDEAS
As computers become communications devices, innovative chip
architecture is a smart investment.

Post dot-com distraction, venture capitalists are cautious about "the next
big thing." VC columnist Carla Drysdale writes that an area they are
returning to, despite current market softness, is semiconductors. Since
communications and Internet technologies depend on advances in
semiconductor electronics and software, chip startups are getting noticed.
Click here.
http://www.multexinvestor.com/article.asp?docid=3755&;nd=1029

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