TODAY: A look at Nextel's growth prospects,
Strong Buy on Polycom, and more.  Read on.

================= Advertisement ================
Get 10 FREE issues of Investor's Business Daily. More than just a newspaper,
Investor's Business Daily is a unique research tool designed to identify
winning stocks with insightful charts and ratings you can't find anywhere
else.  This offer carries no obligation and there's nothing to cancel.

http://ibd.infostreet.com/cgi-bin/freeoffer.cgi?source=A362GGL
------------------------------------------------

Featured article this week:
Outlooks Slip for CIENA, Vodafone, Level 3
On May 23, analysts at Morgan Stanley
downgraded the shares of this optical-networking
company, which they call "the best-positioned company
in the sector," to Neutral - V from Outperform  - V.
(A "V" implies above-average volatility in the stock:
It has a 25% chance of moving 25% higher or lower in
a month, and is likely to become more volatile in the
next one to 12 months, compared with its performance
during the past three years.) The analysts see limited
upside from current levels for the shares, which closed
at $63.11 on May 24.
Click here
http://www.thetelecommanalyst.com/individual/010529sections/updown.asp


Click Here to go directly to the website.
http://www.thetelecommanalyst.com/default.asp

OR Click Here to download the PDF of Issue #62:
http://www.thetelecommanalyst.com/pdfversions/010529ttanl.pdf

OR download The Telecomm Analyst to your PDA:
http://avantgo.com/channels/detail.html?cha_id=2574

E-mail your feedback to The Telecomm Analyst
at mailto:tta@multex.com

Scroll down and click links below to
go right to a specific article:

Strong Buys:
See and Speak: Polycom Buys PictureTel
Click here
http://www.thetelecommanalyst.com/individual/010529sections/strongbuys.asp

================= Advertisement ================
It's here! The Multex Investor Toolbar
Now you can get broker research, quotes,
charts and company information from
anywhere on the Web.
http://www.athoc.com/wis/activate/activate.asp?pid=10279&mktmsg=JA1
------------------------------------------------

The Sell Report:
Nextel Communications: No Growth Left
Click here
http://www.thetelecommanalyst.com/individual/010529sections/sellreport.asp

Upgrades & Downgrades:
Outlooks Slip for CIENA, Vodafone, Level 3
Click here
http://www.thetelecommanalyst.com/individual/010529sections/updown.asp

Executives Zero In:
Chairman, President and Chief Executive Officer
Of InterVoice-Brite Discusses Making Voice
Communications The Default Interface For Data.
Click here
http://www.thetelecommanalyst.com/individual/010529sections/zeroin.asp

Telecom Insight:
Invasive Users are Driving Fast Toward Keyboards.
Click here
http://www.thetelecommanalyst.com/individual/010529sections/insight.asp

================= Advertisement ================

A special offer from Merrill Lynch Direct!
Self-directed investors can access Merrill Lynch's research and
market information and trade online from $29.95 per equity trade.
Open an account and get $100.  Click here to learn more.
http://www.mldirect.ml.com/publish/public/offer.asp?medium=MUL0002&

------------------------------------------------

The Analyst's Spotlight:
Hoak Breedlove Wesneski & Co. Analyst Talks
About GRIC Communications Bringing Roaming
Capability To ISPs.
Click here
http://www.thetelecommanalyst.com/individual/010529sections/spotlight.asp

The Dismal Science:
Telecomm Through a Crystal Ball.
Click here
http://www.thetelecommanalyst.com/individual/010529sections/dismal.asp

Top Picks:
D.C. Buzz: House Considers Higher Penalties
for Common Carrier Violations
Click here
http://www.thetelecommanalyst.com/individual/010529sections/toppicks.asp

Rants, Raves and Stress:
To Sleep or Not to Sleep
Click here
http://www.thetelecommanalyst.com/individual/010529sections/psych.asp

RESEARCH REPORT SPOTLIGHT:
ADC TELECOMMUNICATIONS (ADCT):
Revenues exceeded Dain Rauscher Wessels' estimates, earning
the company a Buy-Aggressive rating. To get more information
on the company and see what the firm thinks are ADCT's
strongest points, see the report, which is available for $10
at the URL below.
http://www.multexinvestor.com/AF003961/download.asp?docid=20708735&ticker=adct

Put in your two cents worth on the Telecom
issues that interest you on The Telecomm Analyst's
message boards.
http://www.sageonline.com/boards/user/non-frames/list.asp?forumid=20211

Like a specific article? Now you can send it
to a friend with just a click. Check out the
send to a friend feature next to each article.

For article reprints, e-mail mailto:lopkine@multex.com

To advertise in this e-mail, ASK FOR TTA at mailto:advertise@multex.com

If you do not wish to receive further issues of The Telecomm
Analyst, please click on the REPLY button on your email
software, and reply to THIS e-mail message with the word
UNSUBSCRIBE in the subject line.