Technical Briefing on Motorola Solutions, Nokia, LM Ericsson Telephone, 8x8 Inc., and Infinera

Mon Mar 4, 2013 8:00am EST

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LONDON,  March 4, 2013  /PRNewswire/ --

The rising demand for high-speed internet is driving growth in the
communications equipment industry. With telecom service providers continuing to
invest heavily to upgrade their networks, the communication equipment industry
can expect robust growth in the next few years. The trend is expected to benefit
companies such as Motorola Solutions Inc. (NYSE: MSI), Nokia Corporation (NYSE:
NOK), Ericsson (NASDAQ: ERIC), 8x8 Inc. (NASDAQ: EGHT) and Infinera Corp.
(NASDAQ: INFN). On Friday, communication equipment stocks ended on a mixed note
even though the broad market edged higher. StockCall has posted free technical
research reports on MSI NOK ERIC EGHT and INFN and these can be accessed by
signing up at

Shares of Motorola Solutions Inc. ended marginally lower in Friday's trading
session. The stock closed 0.29% lower at  $62.03. Despite the pullback on
Friday, Motorola Solutions shares have gained more than 2% in the last three
trading sessions. The stock is currently hovering around its 52-week high of 
$62.51. Year-to-date, the company's shares have gained more than 11%,
outperforming the broad market. Shares have seen a series of higher highs since
the start of this year, which is a bullish signal. The bullish trend is further
confirmed by the MACD chart and recent volume activity. Download the free report
on MSI upon registration at

Shares of  Finland-based Nokia Corp. fell sharply in Friday's trading session,
closing 1.64% lower at  $3.59. The stock fell more than 5% for the week, even as
the broad market posted modest gains. Nokia's shares have underperformed the
broad market for the year as well. Year-to-date, the stock is down more than 9%,
compared to a gain of more than 6% for the S&P 500. The company's shares are
trading well below their 50-day and 200-day moving averages. The stock's MACD is
also trading well below the signal line and the zero-line. NOK technical report
can be accessed for free by signing up at

Shares of  Sweden-based Ericsson edged higher in Friday's trading session. The
stock closed 0.57% higher at  $12.28. For the week, though, the stock fell
0.24%. Ericsson shares are currently trading close to their 52-week high of 
$12.70. Year-to-date, the stock has outperformed the broad market, gaining more
than 21%. Ericsson shares, however, have traded sideways in the last few days as
the stock has been struggling to break through  $12.50  resistance level. Free
report on ERIC can be accessed by registering at

Shares of 8x8 Inc. saw a huge rally in Friday's trading session, ending the day
10.08% higher at  $6.66. Despite the huge rally on Friday, the stock is still
down nearly 10% for the year. The company's shares bounced back from  $6 
support level on Friday. The stock currently faces resistance at around  $6.80.
It has support at around  $6.40. Register with StockCall and download the
research on EGHT for free at

Shares of Infinera Corp. fell sharply on Friday even as the broad market edged
higher. The stock closed 1.08% lower at  $6.42. The company's shares have had an
excellent run this year, gaining 10.50%, compared to a gain of more than 6% for
the S&P 500. The stock is currently facing resistance at around  $6.75. Read the
full free research on INFN by signing up to StockCall at

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Contact Person: William T. Knight, Email:, Contact Number:
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