AverageJeremy

Another week, another move up

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With all of the credit crunch nonsense still giving the media something to talk about the market continues to have some quality stocks at bargain prices that have been outperforming the market. One of those stocks I recently purchased should perform quite well over the next several years. That stock is Thomson (TMS) and they are currently working with Nokia on developing a new technology for cell phones called femtocell. BusinessWeek ran an article about this technology back in July. Here is a link to the article for anyone interested in learning more about femtocell. http://biz.yahoo.com/bizwk/070731/jul2007tc20070730802787.html?.v=1 The gist of the article is that femtocell technology acts as an in-home wireless access point that uses a high-speed Internet connection to convey a call from a cell phone to the carrier's switching station. This technology also conserves on cell phone battery life. Some estimates have phones using femtocell having batteries that last up to 200 times longer. This technology could also increase a wireless providers network capacity by up to 1500 times. TMS is a maker of broadband modems and is currently collaborating with Nokia Siemens Networks to create a 3G femtocell home access solution. "With expectations of femtocell units to number from 10-12 million units by 2010, TMS's position as a market leader in modems and digital technology, and its early adoption of femtocell technology make it the best and safest investment in this emerging market" according to Ann Sosnowski of Taipan Financial News. I expect this stock to be a stable gainer until next year when femtocell is introduced to the mass markets of the world. At that point, this stock could be worth 3 or 4 times it's current value by 2010. (Full disclosure: I personally own shares of TMS.)