A short week, but plenty of action.

A short week, but plenty of action.

Interesting first month of 2007, speeding by as the question of sector rotation lingers among many investors.

Primary focus:

At least, the question for Tech, Media and Communication continues to be an area of high interest. In attempt to narrow the focus list, I built a list of names in groups of interest in that area. This week I am focusing on Communication Equipment.

Although an annual game plan, some names already moving others require patience. In recent days, I have continued to monitor the groups behavior.

Communication Equipment:

Have been favoring QCOM, and currently looking for earnings result as a key gauge or stocks behavior. Street too bullish at this point so watch earnings closely and next 3 month of consolidation. Long-term chart and technical’s suggest upside ahead. Fundamentals and investor sentiment is capping growth in the stock.

JDSU – great earning result and run up- looking to add on pullbacks. Positive trend developing, attractive risk/reward and justifiable upside move.

TLAB- discussed before and posted chart as an attractive bet. Revisiting this thought as well.

Here is a list of names in the group that are worth watching. These names are liquid and will track performance, news flow and momentum for the next two quarters.

ANDW

BRCD

GLW

JDSU

JNPR

MOT

NT

QCOM

TLAB

BRCD

ANDW

ARRS

IDCC